139 W Florence Avenue

Property Overview

Back on the market through no fault of the seller or property. Great opportunity to own a Value-add 4-unit residential income property in a high-demand South Los Angeles rental market, featuring strong upside potential and an owner-user opportunity. The layout consists of 2 detached buildings, front building has two side-by-side, single-level units with private front yards. Rear Building has two upper-level units accessed by stairs. High rental demand with immediate rental growth potential. With one unit delivered vacant, it is suitable for a standard investment or house-hacking owner-occupant. Each unit has a garage (entrance through alley) an separate meters. The entire lot is gated all around, front two units have a grassy area with trees, courtyard between buildings, backs into an alley and is priced to sell! *Bonus Income Potential* Property includes an active commercial billboard. Current lease is being renegotiated. This extra revenue is not included in the current financials. Huge upside potential for the next owner. Don't miss this one, schedule an appointment to see it today. The property is conveniently located minutes from major transportation routes, Downtown LA, USC,Natural History Museum, the California Science Center and the 110 Freeway.

Home Details

Property type: Residential Income
Year built: 1936
Living area: 2,552 sq ft
Lot size: 4,960 sq ft
Days on market: 87
MLS status: Active
Zoning: LAC2

Features & Amenities

Parking

None

Pool

None

Security

Gated Community

Community, Schools & Utilities

Utilities

Heating: WallFurnace
Cooling: None
Sewer: Other

Browse more homes for sale in Los Angeles

Location & Neighborhood

Los Angeles, CA 90003

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 139 W Florence Avenue

Property type: Residential Income

The current asking price is $785,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 139 W Florence Avenue. Our team will confirm availability and timing.

This 4 bedrooms and 4 bathrooms property offers approximately 2,552 square feet of living space. It was built in 1936. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 87 days. Status can change, so verify availability before relying on it.