About 1412 Florence Avenue
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.
Features of 1412 Florence Avenue
| MLS® # | 25599017 |
|---|---|
| Price | $999,000 |
| Bedrooms | 10 |
| Bathrooms | 7.00 |
| Square Footage | 3,044 |
| Acres | 0.14 |
| Year Built | 1948 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1412 Florence Avenue |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90047 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Carport |
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer |
|---|---|
| Heating | Central |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Bath, Dining Room, Family Room, Kitchen, Living Room |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 29th, 2025 |
|---|---|
| Days on Market | 24 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Benjamin Lee |
|---|---|
| Office | Marcus & Millichap |