6-Unit Apartment
For Sale
$1,775,000
1508 W Florence Ave, Los Angeles, CA 90047
The property combines secured entry with gated on-site parking.
Property Size4,910 SF
Lot Size0.14 Acres
Price / SF$361.51
Days on Market274
Property Features for 1508 W Florence Ave
General Information
Standard status
Active
Size
4,910 SF
Net Rentable
4,940 SF
Lot size
0.14 Acres
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Manchester Square
Units
Unit Mix
2 x 1BR/1BA, 2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
6
Amenities
gated parking
secured gated entry
Building Details
Building Size
4,910 SF
Year Built
1990
Listing Agency:
BRC Advisors- BH
Listed By:
Sam Grayeli · License #01299288
(310) 995-4650
Source:
Chrispickettrealestate
Added: Jan 27
Changed: Oct 27
Last Checked: Oct 26 at 1:26PM
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 BRC Advisors- BH
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Investment Insights
Based on property information with market context.
This six-unit apartment property was built in 1990 and contains two one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and two three-bedroom/one-bathroom units. The building sits on a 5,902-square-foot lot and provides gated parking and secured entry. The reported rentable area is omitted because the source gives conflicting figures.
The property is not subject to the City of Los Angeles Rent Stabilization Ordinance and is subject to California’s AB 1482. Florence Avenue provides access to transportation corridors, employment centers, and neighborhood retail, with Inglewood, Downtown Los Angeles, and LAX identified as nearby destinations.
The property is not subject to the City of Los Angeles Rent Stabilization Ordinance and is subject to California’s AB 1482. Florence Avenue provides access to transportation corridors, employment centers, and neighborhood retail, with Inglewood, Downtown Los Angeles, and LAX identified as nearby destinations.
Key Highlights
- Six apartments: two 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and two 3‑bedroom/1‑bathroom units
- Built in 1990
- Situated on a 5,902‑square‑foot lot
Property Analytics
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
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Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines secured entry with gated on-site parking.
Where is this apartment building located?
The property is located at 1508 W Florence Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Six apartments: two 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and two 3‑bedroom/1‑bathroom units; Built in 1990; Situated on a 5,902‑square‑foot lot
