Financial
Distress signals
Property profile

1509 Florence Ave Los Angeles, CA 90047

OFF-MARKET
Other investment properties
Property ID
US10-0477947
2,288 SF 0.11 ac lot Built 1937
Last sale Jul 2022 · $665,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1509 W Florence Ave in Los Angeles is a C-2-zoned site configured for short-term room rentals, featuring 12 furnished rooms operated as individual units. The space is arranged to support a room-by-room rental layout on a month-to-month basis. The site has frontage along a roadway with reported traffic of approximately 20,000 vehicles per day. An adjacent parcel at 1513 W Figueroa Ave is contiguous to the property and is available for sale separately.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$678k
Assessed land$444k
Assessed improvement$235k
Effective rate1.27%

Value estimate

· Sep 2026
$525k
$473k – $578k
AI approach$525k
CAP approach$715k
Sales comparison$705k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$223/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$121 – $308
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.2
Law Firm39.6
Dental Office29.8

Location

1509 Florence Ave Los Angeles, CA 90047-2213
County assessor Recorded deeds · 6 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2138 Florence, Los Angeles, CA 90047-2137 $800,000 Nov 2024 2,316 SF
9648 Western, Los Angeles, CA 90047-3864 $340,000 Jul 2024 2,072 SF
1408 62nd, Los Angeles, CA 90047-1529 $750,000 Apr 2024 2,645 SF
1401 87th, Los Angeles, CA 90047-3402 $155,000 Jun 2023 2,669 SF
1518 Florence, Los Angeles, CA 90047-2212 $835,008 Nov 2022 2,565 SF
1610 Manchester, Los Angeles, CA 90047-5429 $250,000 Nov 2022 2,172 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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