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Listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, William James Listing Contact: 310-729-1559

$1,025,000

247 W Florence, Los Angeles CA, 90003

Price per sqftN/A
Built in1919
Property typeMulti-family

Overview

Active

Listed Apr 21, 2026

Updated 9 days ago

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 $128,125 per unit and $159 per square foot, the property provides an attractive basis for investors. The property is currently operating at a 6.21% cap rate and 8.56 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.

$6,819/mo

Est. mortgage payment based on a $1,025,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26085337

Interior Features

Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson DRE:02100737, William James
Listing Contact: 310-729-1559 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Link 2 Realty | CA DRE# 02207213 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Link 2 Realty | CA DRE# 02207213 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 2:00 PM UTC, 9/28/2026

 

 

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