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    Property profile & analytics

    242 Florence Ave Los Angeles, CA 90003-2120

    • Investment properties
    • 3,200 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-8109712
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TWO FOUR TWO OUTLET / Home Goods Store

    Property Details for 242 Florence Ave

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.20 lot acres
    Property size
    3,200 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    6022-009-006
    APU
    6022009006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.27
    Latitude
    33.9744
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $899
    $12,946
    $4,288
    $17,234
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,390 SF

      250 59th Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 5,390 SF
      250 59th Pl, Los Angeles, CA 90003-1110
      View Details
    • Value Estimation by Request
      2,195 SF

      8460 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,195 SF
      8460 Main St, Los Angeles, CA 90003-2904
      View Details
    • Value Estimation by Request
      3,038 SF

      8011 Avalon Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,038 SF
      8011 Avalon Blvd, Los Angeles, CA 90003-2612
      View Details
    • Value Estimation by Request
      7,072 SF

      225 Florence Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,072 SF
      225 Florence Ave, Los Angeles, CA 90003-1806
      View Details
    • Value Estimation by Request
      4,684 SF

      6019 Avalon Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,684 SF
      6019 Avalon Blvd, Los Angeles, CA 90003-1333
      View Details
    • Value Estimation
      $830,000
      2,524 SF

      154 Colden Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,524 SF
      154 Colden Ave, Los Angeles, CA 90003-4249
      View Details

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      38-unit affordable housing development opportunity in South Los Angeles.
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    Similar Nearby for Lease

    • $12 SF/Yr
      2,000 SF

      Los Angeles Industrial Space For Lease

      2,000 SF Manufacturing/Flex Space Available
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    • $0.60 SF/Yr
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      Contractor’s Yard, Parking, Storage, Etc.

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    • $1.20 SF/Yr
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      Industrial Warehouse with Major Street Frontage

      Industrial warehouse space available for lease with excellent freeway access.
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    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Los Angeles, currently 100% leased.
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    • $1,700 /Mo

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      One bedroom apartment featuring hardwood floors and city views.
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    • $0.45 SF/Yr
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      Fenced and Paved Zoned Land

      49,000 SF M2 zoned land for lease.
      841 E Gage Ave, Los Angeles, CA 90003
      View Details
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    242 Florence Ave
    Los Angeles, CA 90003-2120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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