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Listed price in listed location currency (USD).
$2,999,000

000

MLS® 25008960

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 8
Approx. Age 1926
MLS® Number 25008960

Property Address: 12-232 W Florence Ave, Los Angeles, CA, 90003-1871

Average square foot calculated using Size range provided by listing agent.

Description

This property presents an exceptional opportunity for investors seeking a stable, long-term income asset with significant potential for increased revenue. The subject property is composed of four well-maintained buildings totaling 12, 808 SF, offering a balanced mix of retail and residential income. Buildings A & B each feature 2, 400 SF of two-story mixed-use space, with a retail unit on the ground floor and a one-bedroom, one-bathroom residential unit above—ideal for steady, diversified cash flow. Buildings C & D each contain 4, 004 SF of two-story, four-unit apartment layouts, providing dependable residential rental income with room for upside through modernization or strategic repositioning. In total, the property includes two retail units and ten residential units, making it an attractive opportunity for investors looking to enhance returns through rent optimization, value-add improvements, or future redevelopment potential.
MLS® Number25008960
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1926
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 27, 2025List Date
$2,999,000List Price
  • Commute

Commute

Starting Address
Destination Address
232 W Florence Ave, Los Angeles, CA

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