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1508 W Florence Avenue Los Angeles, CA 90047
$1,775,000 12 beds, 6 baths
4, 910 sqft
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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTORĀ® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Text Me
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Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Agent Remarks

1508 W. Florence Avenue is a well-maintained six-unit multifamily investment property constructed in 1990. Importantly, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) due to its year of construction; however, it is subject to California's AB 1482 (Tenant Protection Act), providing investors with a more favorable regulatory framework than older, fully rent-controlled assets. The asset features a diverse and desirable unit mix consisting of two (2) one-bedroom/one-bath units, two (2) two-bedroom/one-bath units, and two (2) three-bedroom/one-bath units, totaling approximately 4,940 rentable square feet on a 5,902-square-foot lot. This balanced mix attracts a broad tenant base and helps mitigate vacancy risk. The property offers ample on-site gated parking and a secured gated entry, amenities that are increasingly important to tenants and supportive of strong occupancy. The central Florence Avenue location provides convenient access to major transportation corridors, employment centers, and neighborhood retail, with proximity to Inglewood, Downtown Los Angeles, and LAX.1508 W. Florence Avenue represents a durable, income-oriented investment offering regulatory flexibility, tenant appeal, and long-term appreciation potential in a core Los Angeles rental corridor.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26644131
List price is $1,775,000
Beds: 12
Baths: 6
Built in 1990
4,910 sqft
0.07 acres
Lot size: 0.0677
County: Los Angeles
Zoning: LAC2
Interior features: Ceiling Fan(s)
Parking description: None
Heating description: Wall Furnace
MLS area: C36 - Metropolitan Southwest

Last Updated: 6/30/2026

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.974274, -118.302838.
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Listing Agent: Sam Grayeli
Co Listing Agent: Ian Hollinger
Lic#: 00995175
Office Name: Beverly Hills

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTORĀ® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Text Me
Call My Cell
Call My Office
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net

Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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