247 Florence, Los Angeles CA 90003 | $1,050,000
Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-04-26 08:11:15.000000. Listing information © 2025 SANDICOR.
247 W Florence Avenue presents an opportunity to acquire a mixed-use investment property in South Los Angeles. The asset consists of eight total units, including (5) one-bedroom/one-bath residential units and (3) ground-floor commercial spaces, offering a diverse income stream.
Priced at $131,250 per unit and $163 per square foot, the property provides an attractive basis for investors. The property is currently operating at a 6.04% cap rate and 8.77 GRM, with approximately 40% rental upside, presenting a strong opportunity to increase cash flow through rent adjustments and operational improvements. The property is located along the active Florence Avenue corridor in South Los Angeles, offering convenient access
to Downtown Los Angeles, University of Southern California, and major transportation routes including Interstate 110 and Interstate 105, connecting tenants to employment centers and amenities throughout the city.
More Details
0.14 Acres
2 Stories
David Piper
Call or Text: 858-525-5007
DRE# 02021985
