Prevu by reAlpha
BuySellBlogBrowse Listings

1412 W Florence AvenueLos Angeles, CA 90047

For Sale

$999,000

Smart Buyer Rebate $9,990

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.

Listed by Benjamin Lee

·

License #02123715

·

Marcus & Millichap

·

310-909-2317

Last updated October 07, 2025

·

Source: CRMLS #25599017

Listing Facts

  • TypeMulti-family
  • NeighborhoodManchester Square
  • Bedrooms10
  • Days on Prevu75
  • Size3,044 sqft
  • Price per sqft$328

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$999,000
10/23/2025
Status changed to Removed from Feed
$999,000
10/18/2025
Status changed to Active
$999,000
10/17/2025
Status changed to Removed from Feed
$999,000
09/29/2025
Listed by Marcus & Millichap
$999,000

Property Details for 1412 W Florence Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1948

Measurements

  • Building Area Total: 3,044
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,902
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,902
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 9.12
  • Gross Income: $135,081.00

Taxes

  • Parcel Number: 6018008003

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Living Room
  • Fireplace: Yes

Measurements

  • Living Area: 3,044
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 7
  • Bedrooms Total: 10

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 5

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 10 bedrooms in this multi-family home at 1412 W Florence Avenue.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1412 W Florence Avenue.

How does 1412 W Florence Avenue compare to other multi-family homes in Manchester Square?

This multi-family home is listed 11% below the average price for multi-family homes in Manchester Square and has been on the market for 15 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,044 sqft.

1412 W Florence Avenue is a 10-bedroom multi-family home for sale in Los Angeles CA 90047. Available on Prevu for 75 days at $999,000. This residence features 3,044 square feet of living space, located in Manchester Square. The median listing price for multi-family homes in this area is $830,000. Property amenities include dishwasher, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.