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    232 W Florance Ave Los Angeles, CA 90003

    For Sale
    $2,999,000

    Mixed Use - Los Angeles, CA

    Type:Mixed Use
    Property size:
    12,808 SF
    Lot size:
    0.29 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 232 W Florance Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C2- 1CP
    APN
    6031-002-006
    Parking features
    On Street
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    12,808 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Expense value
    10000
    Expense
    Security Deposit

    Utilities

    Heating system
    Floor Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1926
    Floors in Building
    2
    Building materials
    Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty - Antelope Valley (661) 538-2800 [email protected]

    Listing agent Roland Izquierdo (661) 538-2800 License #02101139

    Listing date Nov 26, 2025

    MLS# 25008960 Listing URL

    Copyright © 2025 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity, Los Angeles

    This mixed-use property in Los Angeles, CA, offers an investment opportunity with potential for increased revenue. The property consists of four buildings totaling 12,808 square feet, featuring a mix of retail and residential income units. Buildings A and B each offer 2,400 square feet of two-story mixed-use space, with a retail unit on the ground floor and a one-bedroom, one-bathroom residential unit above. Buildings C and D each contain 4,004 square feet of two-story, four-unit apartment layouts. In total, the property includes two retail units and ten residential units. The property is zoned C2- 1CP and sits on a lot of 0.29 acres. This property is suitable for investors looking to enhance returns through rent optimization, value-add improvements, or future redevelopment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.277119
    Latitude
    33.974374

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units for sale.
    Where is this mixed-use property located?
    The property is located at 232 W Florance Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - Stable, long-term income asset with potential for increased revenue.; - Balanced mix of retail and residential income streams.; - Four well-maintained buildings totaling 12,808 SF.
    (661) 538-2800
    Request Owner's contact information
    232 W Florance Ave Los Angeles, CA 90003
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    Los Angeles, CA 90003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    232 W Florance Ave Los Angeles, CA 90003
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