1649 W Florence Los Angeles, CA $ 895,000
1649 W Florence
$ 895,000
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1649 W Florence

Los Angeles, CA, 90047
$ 895,000
Baths1.0 Sq 1,700

Monthly Estimate*

$ 5,511

Listed by ROA California Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $895,000 with 1 full bath. This 1,700 square foot home was built in 1940 on a lot size of 0.0689.

Exceptional Mixed-Use Investment Opportunity! This versatile income-producing property features a remodeled barbershop in the front currently generating $2,500 per month, along with an additional $200 per month in billboard income, creating multiple streams of revenue. Behind the commercial space are two vacant residential units, offering immediate rental income potential or owner-occupancy flexibility. The residential portion includes a beautifully remodeled 3-bedroom, 1-bath residence and a brand-new 2-bedroom, 1-bath unit, both thoughtfully designed with modern finishes and equipped with central air conditioning and heating for year-round comfort. Each unit features convenient indoor laundry and has been extensively upgraded with new electrical panels, new plumbing, new flooring, recessed lighting, and fresh interior and exterior paint. This turnkey property presents a rare opportunity for investors seeking strong cash flow and future rental upside, or for owner-users looking to live on-site while benefiting from multiple income streams. With established commercial income, billboard revenue, and two vacant residential units ready for immediate occupancy or leasing, this is a truly unique mixed-use asset with exceptional potential. Don't miss out on this one-of-a-kind investment opportunity!

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Multi-Family Active

Price

$ 895,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0689

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26130575

Days on Market

1

Features
General
Sewer Sewer Tap Paid
Heating ENERGY STAR Qualified Equipment
Cooling ENERGY STAR Qualified Equipment
Utilities Sewer Available Water Available
Possession Close Of Escrow
Roof Composition Shingle
Appliances ENERGY STAR Qualified Appliances Gas Range Trash Compactor Water Heater
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Window Bars
Construction Materials Stucco
Year Built 1940
Electric Electricity - On Property
View None
Property Subtype Mixed Use
Gross Income 104400
Community Features Gutter(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 101400
Operating Expense 3000
Insurance Expense 2400
New Construction false
Property Type Residential Income
Energy Efficient Appliances
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Florence & Western
City Los Angeles
Disclosures Home Warranty
Entry Location entry
Senior Community Y/N false
Number Of Units Total 3
MLS Area C23 - Metropolitan
Lot Size Units Square Feet
Lot Size Square Feet 3000
Number of Units Leased 1
Listing Terms Cash to New Loan Contract Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 0
Water Sewer Expense 600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Property Sub Type Additional Mixed Use
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Interior
Interior Amenities Open Floorplan Quartz Counters Recessed Lighting All Bedrooms Down Jack and Jill Bath
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows
Fireplace Y/N false
Laundry Features Washer Hookup Inside
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Chain Link Wrought Iron
Lot Features No Landscaping
Water Source Public
Total Parking 0
Lot Size Area 3000
Foundation Details Slab
Number of Buildings 3
Spa false
Building Area Total 1700
Lot Size Acres 0.0689
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 3
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* Excluded Features
List By
Roa California Inc.

Broker

mirnac21@gmail.com

Email

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$5,511
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Monthly Principal & Interest
$5,511
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$895,000 Listed Price

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1649 W Florence, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $895,000 with 1,700 sqft and a lot size of 0.0689. 1649 W Florence is a studio with 1.0 baths and was built in 1940. The property's zip code is 90047 which is in Los Angeles, CA