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For Sale

$849,900

3,001 sqft$283/sqft146 days on market

1649 W Florence AVE

Los Angeles, CA 90047

ยท 8% down, 7% APR, 30yr fixed

โ€”

Beds

โ€”

Baths

3,001

Square feet

1940

Built

Listing narrative

Description

BACK ACTIVE AS OF 10/07/26. HUGE price reduction! ! 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 agent (MLS): Mirna Martinez ยท Listing brokerage (MLS): ROA California Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$849,900

Beds

Beds n/a

Type

House

Home Size

3,001 sqft

Baths

Baths n/a

Lot Size

3,001 sqft

Year

1940

Status

For Sale

Days on Market

146

$ / Sqft

$283

ยท 8% down, 7% APR, 30yr fixed
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Courtesy of ROA California Inc.