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1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
1412 W Florence Avenue, Los Angeles CA 90047
California>Los Angeles>Manchester Square

1412 W Florence AvenueLos Angeles, CA 90047

For Sale

$999,000

Smart Buyer Rebate $9,990

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.

Listed by Benjamin Lee

·

License #02123715

·

Marcus & Millichap

·

310-909-2317

Last updated October 07, 2025

·

Source: CRMLS #25599017

Listing Facts

  • TypeMulti-family
  • NeighborhoodManchester Square
  • Bedrooms10
  • Days on Prevu51
  • Size3,044 sqft
  • Price per sqft$328

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$999,000
10/23/2025
Status changed to Removed from Feed
$999,000
10/18/2025
Status changed to Active
$999,000
10/17/2025
Status changed to Removed from Feed
$999,000
09/29/2025
Listed by Marcus & Millichap
$999,000

Property Details for 1412 W Florence Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1948

Measurements

  • Building Area Total: 3,044
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,902
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,902
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 9.12
  • Gross Income: $135,081.00

Taxes

  • Parcel Number: 6018008003

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Living Room
  • Fireplace: Yes

Measurements

  • Living Area: 3,044
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 7
  • Bedrooms Total: 10

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 5

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.