1649 W Florence

Los Angeles, CA 90047
  • $895,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 1,700

    SqFt

About the Listing DWROI - YMARTMIR

Exceptional Mixed-Use Investment Opportunity! This versatile income-producing property features a remodeled barbershop in the front currently generating $2,500 per month, along with an additional $200 per month in billboard income, creating multiple streams of revenue. Behind the commercial space are two vacant residential units, offering immediate rental income potential or owner-occupancy flexibility. The residential portion includes a beautifully remodeled 3-bedroom, 1-bath residence and a brand-new 2-bedroom, 1-bath unit, both thoughtfully designed with modern finishes and equipped with central air conditioning and heating for year-round comfort. Each unit features convenient indoor laundry and has been extensively upgraded with new electrical panels, new plumbing, new flooring, recessed lighting, and fresh interior and exterior paint. This turnkey property presents a rare opportunity for investors seeking strong cash flow and future rental upside, or for owner-users looking to live on-site while benefiting from multiple income streams. With established commercial income, billboard revenue, and two vacant residential units ready for immediate occupancy or leasing, this is a truly unique mixed-use asset with exceptional potential. Don't miss out on this one-of-a-kind investment opportunity!

Listing Highlights

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® DW26130575
Year Built 1940
Total Square Footage 1,700
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater
  • Air Cond: ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Open Floorplan,Quartz Counters,Recessed Lighting,All Bedrooms Down,Jack and Jill Bath
  • Water: Public

Exterior Details

  • Lot Description: No Landscaping,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition,Shingle
  • Others: Rain Gutters,Updated/Remodeled,Stucco,2+ Total Units
  • Sewer: Sewer Tap Paid

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6015035009
  • Tax Year: N/A

Payment Calculator

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Questions About..

1649 W Florence Los Angeles, CA 90047

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Originating MLS: CRMLS

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