CA > Los Angeles
Los Angeles, CA 90047,1901 W Florence Ave
Los Angeles, CA 90047,1901 W Florence Ave
Los Angeles, CA 90047,1901 W Florence Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$1,025,000
Est. payment /mo
6 Beds
6 Baths
3,012 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $340

MLS Listing ID 25594291

Bedrooms 6

Year Built 1946

Lot Size 5,122 Sqft

Acres 0.1176

Property Sub-Type Multi-Family

Property Description

We are proud to present 1901 W Florence Ave, a well-priced 6-unit multifamily property in Los Angeles, offered at a 7.84 GRM and a 7.64% CAP on actual rents, with upside potential to achieve a 7.30 GRM and an 8.53% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 3,012 rentable square feet. Built in 1946, the property sits on a 5,122 square foot LAC2-zoned corner lot with street access on two sides plus alley access. The unit mix features one (1) two-bedroom one bathroom unit, four (4) one-bedroom one-bathroom units, and one studio unit. The property also features a total of seven (7) carport spaces that can potentially serve as ADU conversions to increase the property's long-term cash flow. Located on Florence Ave just west of Western Ave and directly south of the Mann UCLA Community School, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Carport

Garage Spaces 7.0

Building

Lot Description Single Lot

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

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+1(424) 214-0133

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