1649 W Florence, Los Angeles, CA 90047
- $895,000
List Agent Mirna Martinez () 310-483-8904 ROA California Inc.; CoList ()
- List Price
- $895,000
- Status
- ACTIVE
- MLS#
- DW26130575
- Year Built
- 1940
- Lot Size
- 3,000
- Lot Location
- No Landscaping
- Days on Market
- 43
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Mixed Use
Property Description
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!
Additional Information
- Appliances
- ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater
- Pool Description
- None
- Heat
- ENERGY STAR Qualified Equipment
- Cooling
- Yes
- Cooling Description
- ENERGY STAR Qualified Equipment
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Sewer
- Sewer Tap Paid
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.