Mixed-Use Property with
For Sale
$895,000
1649 W Florence, Los Angeles, CA 90047
Remodeled front barbershop and billboards, plus two vacant residential units, provide flexible live-or-lease options.
Property SizeContact for details
Days on Market52
Property Features for 1649 W Florence
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1940
Listing Agency:
(310) 483-8904
Listed By:
Mirna Martinez · License #1773121
(310) 483-8904
Source:
Elliman
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 9:56AM
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 Mirna Martinez
Investment Insights
Based on property information with market context.
This mixed-use property combines a remodeled barbershop storefront with two vacant residential units in the back. The commercial space is currently generating $2,500 per month and includes an additional $200 per month in billboard income. The residential component offers a remodeled 3-bedroom, 1-bath home and a brand-new 2-bedroom, 1-bath unit, both designed with modern finishes. Each unit includes central air conditioning and heating, along with convenient indoor laundry. The homes have been extensively upgraded with new electrical panels, new plumbing, new flooring, recessed lighting, and fresh interior and exterior paint.
Walk and mobility factors support a mixed-use setup, with a walkScore of 77 (very walkable), transitScore of 56 (good transit), and bikeScore of 53 (bikeable). This configuration can support day-to-day convenience for residents while maintaining a street-facing commercial use.
For investors, the property presents an income approach that includes existing commercial rent and billboard income while also having two residential units ready to rent or occupy. For owner-users, it offers the ability to live on-site while benefiting from the existing storefront income stream. The combination of turnkey residential upgrades and an operating front retail space is designed to reduce near-term downtime and support straightforward occupancy planning.
Walk and mobility factors support a mixed-use setup, with a walkScore of 77 (very walkable), transitScore of 56 (good transit), and bikeScore of 53 (bikeable). This configuration can support day-to-day convenience for residents while maintaining a street-facing commercial use.
For investors, the property presents an income approach that includes existing commercial rent and billboard income while also having two residential units ready to rent or occupy. For owner-users, it offers the ability to live on-site while benefiting from the existing storefront income stream. The combination of turnkey residential upgrades and an operating front retail space is designed to reduce near-term downtime and support straightforward occupancy planning.
Key Highlights
- 1940‑built mixed‑use property with remodeled front barbershop generating $2,500/month
- Additional $200/month billboard income for extra revenue stream
- Two vacant residential units at the rear for immediate occupancy or leasing
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Remodeled front barbershop and billboards, plus two vacant residential units, provide flexible live-or-lease options.
Where is this storefront property located?
The property is located at 1649 W Florence Los Angeles, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1940‑built mixed‑use property with remodeled front barbershop generating $2,500/month; Additional $200/month billboard income for extra revenue stream; Two vacant residential units at the rear for immediate occupancy or leasing
