Duplex with RTI
For Sale
$850,000
2422 W Florence Ave, Los Angeles, CA 90043
Commercially zoned duplex with approved redevelopment plans and permits ready for issuance.
Property Size1,066 SF
Days on Market88
Property Features for 2422 W Florence Ave
General Information
Standard status
Active
Size
1,066 SF
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Gross Income
$72,000
Multifamily Units
2
Building Details
Building Size
1,066 SF
Year Built
1955
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
(818) 851-2028
Listed By:
Benjamin Russell · License #02100634
(818) 851-2028
Source:
Elliman
Added: Jun 4
Changed: Aug 29
Last Checked: Aug 29 at 4:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benjamin Russell
Investment Insights
Based on property information with market context.
This 1955-built duplex includes two residential units with a combined five bedrooms. The property is expected to transfer without tenants at closing, giving the next owner immediate control of the existing improvements. Current plans and RTI permits support a three-story apartment building with up to four units and up to 13 bedrooms.
The proposed design provides 5,500 square feet of living space and reflects the property's commercial zoning. The site is near Inglewood, SoFi Stadium, and Intuit Stadium, with shopping and major freeway access in the surrounding area. Walk Score is 73, Transit Score is 55, and Bike Score is 52.
The proposed design provides 5,500 square feet of living space and reflects the property's commercial zoning. The site is near Inglewood, SoFi Stadium, and Intuit Stadium, with shopping and major freeway access in the surrounding area. Walk Score is 73, Transit Score is 55, and Bike Score is 52.
Key Highlights
- Approved plans and RTI permits for a three‑story apartment building
- Proposed 5,500‑square‑foot design with up to 4 units and up to 13 bedrooms
- Existing duplex configuration includes 2 residential units and 5 bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Commercially zoned duplex with approved redevelopment plans and permits ready for issuance.
Where is this duplex located?
The property is located at 2422 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approved plans and RTI permits for a three‑story apartment building; Proposed 5,500‑square‑foot design with up to 4 units and up to 13 bedrooms; Existing duplex configuration includes 2 residential units and 5 bedrooms
