232 W Florance Avenue # 12 Los Angeles, CA $ 2,999,000
232 W Florance Avenue # 12
$ 2,999,000
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232 W Florance Avenue # 12

Los Angeles, CA, 90003
$ 2,999,000
Bedrooms-- Baths-- Sq 12,808

Monthly Estimate*

$ 18,710

232 W Florance Avenue # 12, Los Angeles, CA 90003 - Image 1
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Commercial Property for sale in Los Angeles, CA

for $2,999,000. This 12,808 square foot building was built in 1926 on a lot size of 0.29.

This property presents an exceptional opportunity for investors seeking a stable, long-term income asset with significant potential for increased revenue. The subject property is composed of four well-maintained buildings totaling 12,808 SF, offering a balanced mix of retail and residential income.Buildings A & B each feature 2,400 SF of two-story mixed-use space, with a retail unit on the ground floor and a one-bedroom, one-bathroom residential unit above--ideal for steady, diversified cash flow.Buildings C & D each contain 4,004 SF of two-story, four-unit apartment layouts, providing dependable residential rental income with room for upside through modernization or strategic repositioning.In total, the property includes two retail units and ten residential units, making it an attractive opportunity for investors looking to enhance returns through rent optimization, value-add improvements, or future redevelopment potential.

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Commercial Active

Price

$ 2,999,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.29

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25008960

Features
General
Construction Stucco
Utilities Cable Available Electricity Available Natural Gas
Roof Shingle
Parking On Street
Zoning C2- 1CP
Stories Count 2 Stories Upper Level Lower Level
Special Features Kitchen Facilities
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Exterior
Foundation Concrete Slab
Fencing Wood
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* Excluded Features
List By
Roland Izquierdo

Listing Agent

Keller Williams Realty A.V.

Broker

rolandizquierdo@outlook.com

Email

Affordability Calculator

$18,710
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,710
Monthly Property Taxes
--
Monthly Home Insurance
--
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
2189091 Elementary School
2189092 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/27/2025$2,999,000 Listed Price

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232 W Florance Avenue # 12, Los Angeles, CA, 90003 is a Commercial Property for sale at $2,999,000 with 12,808 sqft and a lot size of 0.29. 232 W Florance Avenue # 12 was built in 1926. The property's zip code is 90003 which is in Los Angeles, CA