1412 W Florence Avenue Los Angeles, CA ^$ 999,000

1412 W Florence Avenue

^$ 999,000

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1412 W Florence Avenue

Los Angeles, CA, 90047

^$ 999,000

Bedrooms10 Baths2.0 Sq 3,044

Monthly Estimate*

^$ 6,232

Listed by Marcus & Millichap

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Multi-Family Home for sale in Los Angeles, CA

for $999,000 with 10 bedrooms and 2 full baths. This 3,044 square foot home was built in 1948 on a lot size of 0.1355.

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.

Multi-Family Active

Price

^$ 999,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1355

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25599017

Days on Market

Features

General

Living Area 3044

Heating Central

Appliances Dishwasher Disposal Refrigerator Dryer Washer

Zoning LAC2

Security Features Carbon Monoxide Detector(s) Fire Detection System Gated Community Key Card Entry Smoke Detector(s) Window Bars

Year Built 1948

Tenant Pays Electricity Gas Trash Collection

Stories Count 2

Levels Two

Gross Income 135081

Community Features Gated

County Los Angeles

Net Operating Income 91059

New Construction 0

Property Type Residential Income

HOA 0

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Just off Normandie & Florence.

City Los Angeles

Senior Community Y/N 0

Number Of Units Total 6

MLS Area C36 - Metropolitan Southwest

Lot Size Units Square Feet

Lot Size Square Feet 5902

Carport Y/N 1

Rent Control Y/N 1

Standard Status Active

Year Built Source Assessor

Cap Rate 9.12

Interior

Fireplace Features Bath Dining Room Family Room Kitchen Living Room

Total Stories 2

Heating Y/N 1

Fireplace Y/N 1

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features None

Total Bedrooms 10

Total Baths 7

Exterior

Parking Features Carport

Total Parking 5

Lot Size Area 5902

Number of Buildings 3

Building Area Total 3044

Lot Size Acres 0.1355

Lot Size Source Assessor

* Excluded Features

List By

Marcus & Millichap

Broker

Ben.Lee@marcusmillichap.com

Affordability Calculator

$6,232

Per Month

Monthly Principal & Interest: $6,232
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,492

Percent of Sale Price 91%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$999,000		Listed Price

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1412 W Florence Avenue, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $999,000 with 3,044 sqft and a lot size of 0.1355. 1412 W Florence Avenue has 10 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 90047 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1412 W Florence Avenue

Multi-Family Home for sale in Los Angeles, CA

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