$ 999,000
-
$999,000
Price -
10
Bed -
7
Bath -
3,044
SqFt
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About the Listing CLW-X7515106 - CLW-C145142
We are pleased to present 1412 W Florence Ave, a high-yield mixed-use investment in South Los Angeles. The property features five renovated apartment units with modern finishes and one ground-floor commercial space, delivered vacant and move-in ready with potential for an ADU conversion. Offered at a 9.12% CAP rate, 7.03 GRM, and just $166,500 per unit, the property delivers immediate double-digit cash-on-cash returns alongside durable long-term upside. Located on a well-traveled corridor with strong demographics, 1412 W Florence Ave combines stable residential income with visible retail exposure. It also qualifies for 100% bonus depreciation, creating meaningful tax advantages for new ownership.
Listing Highlights for 1412 W Florence Ave
Interior Details
- Bedrooms: 10
- Bathrooms: 7 Full
- Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
- Air Cond:
- Heating: Central
- Fireplaces: Bath,Dining Room,Family Room,Kitchen,Living Room
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6018008003
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1412 W Florence Ave Los Angeles, CA 90047
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