Millman Team Real Estate

$1,775,000
12 Bed
6 Bath
4,910 Sqft
0.07 Acre Lot

1508 W Florence Avenue, Los Angeles, California 90047

  • Residential Income Property Type
  • 4,910 Sqft Square Footage
  • None Cars Garage
  • 1990 Year Built
Property Description

1508 W. Florence Avenue is a well-maintained six-unit multifamily investment property constructed in 1990. Importantly, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) due to its year of construction; however, it is subject to California’s AB 1482 (Tenant Protection Act), providing investors with a more favorable regulatory framework than older, fully rent-controlled assets. The asset features a diverse and desirable unit mix consisting of two (2) one-bedroom/one-bath units, two (2) two-bedroom/one-bath units, and two (2) three-bedroom/one-bath units, totaling approximately 4,940 rentable square feet on a 5,902-square-foot lot. This balanced mix attracts a broad tenant base and helps mitigate vacancy risk. The property offers ample on-site gated parking and a secured gated entry, amenities that are increasingly important to tenants and supportive of strong occupancy. The central Florence Avenue location provides convenient access to major transportation corridors, employment centers, and neighborhood retail, with proximity to Inglewood, Downtown Los Angeles, and LAX.1508 W. Florence Avenue represents a durable, income-oriented investment offering regulatory flexibility, tenant appeal, and long-term appreciation potential in a core Los Angeles rental corridor.

Basic Details
Residential Income
For Sale
26644131
$1,775,000
12
6
4,910 Sqft
1990
0.07 Acre
Active
1
Features
: Wall Furnace
: None
: Ceiling Fan(s)
$0
Address Map
CA
Los Angeles
Los Angeles
90047
Florence
1508
Avenue
W119° 41' 49.8''
N33° 58' 27.4''
Take the 110 Freeway South to the Florence Avenue exit. Head west on Florence Avenue. Property is located on the north side of the street, between Western Avenue and Normandie Avenue.
C36 - Metropolitan Southwest
W
LAC2
Additional Information
$0
$0
$0
$0
$0
4910
: Multi/Split
25x118
6
2026-01-27
Broker/Agent Information
BRC Advisors- BH
Sam Grayeli
Listing Information
Ian Hollinger
CLW-C105332
CLW-X82405
BRC Advisors- BH
CLW-C124753
CLW-X82405
Active
2026-02-04T08:17:20Z
CRMLS
: Standard
2026-01-27T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us