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Mixed-Use Property with Retail and Apartment
For Sale
$950,000

2921 FLORENCE, Los Angeles, CA 90043

Commercial Sale, Los Angeles, CA

Property SizeContact for details
Days on Market37

Property Features for 2921 FLORENCE

General Information

Property type Commercial Sale
Property subtype Other
Directions West of 7th Avenue East of Madden.
Subdivision PHHT - Park Hills Heights
Standard status Active
APN 4008026013

Additional Details

Mixed-Use Components retail, residential

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

A/C minisplit
patio cover
spacious concrete patio

Building Details

Year built 1955
Buildings 1
Listing Agency: TAMAYO & ASSOC. R.E.
Listed By: SUSANA BOGGIO · License #01439504
Added: Sep 28 Changed: Nov 2 Last Checked: Nov 3 at 1:06AM
MLS# WS26209787

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1955, this mixed-use property combines first-floor retail space with an upper-level apartment. The residence has two bedrooms and two full bathrooms, with updated kitchen cabinets, windows, doors, and mini-split air conditioning in each bedroom. The retail area has new flooring, walls, windows, and doors, along with a mini-split system and an ADA-compliant bathroom.

Outdoor features include a covered patio and a concrete patio. A two-car garage has a new door and is described as ready for conversion to an ADU. Electrical service includes a 200-amp panel for the commercial space and a 100-amp panel for the residence; the property also has a tankless water heater.

Key Highlights

  • First‑floor retail space with an ADA‑compliant bathroom
  • Upper apartment has 2 bedrooms and 2 full bathrooms
  • Mini‑split air conditioning in the retail space and each bedroom

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with a renovated two-bedroom residence and a covered outdoor gathering area.
Where is this mixed-use property located?
The property is located at 2921 FLORENCE Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: First‑floor retail space with an ADA‑compliant bathroom; Upper apartment has 2 bedrooms and 2 full bathrooms; Mini‑split air conditioning in the retail space and each bedroom
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