We are pleased to present 1412 W Florence Ave, a high-yield mixed-use investment in South Los Angeles. The property features five renovated apartment units with modern finishes and one ground-floor commercial space, delivered vacant and move-in ready with potential for an ADU conversion. Offered at a 9.12% CAP rate, 7.03 GRM, and just $166,500 per unit, the property delivers immediate double-digit cash-on-cash returns alongside durable long-term upside. Located on a well-traveled corridor with strong demographics, 1412 W Florence Ave combines stable residential income with visible retail exposure. It also qualifies for 100% bonus depreciation, creating meaningful tax advantages for new ownership.
Days on market: 0
Listing updated: September 30, 2025 - 03:43:09
Listed by: Benjamin Lee DRE #02123715 310-909-5450, Marcus & Millichap - CLAW
Source: CLAW, MLS#: CLW-X7515106 Originating MLS: CRMLS
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