1412 W Florence Ave

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.

This home located at 1412 W Florence Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $999,000. It has 10 beds and 7 bathrooms. The property was built in 1948. 1412 W Florence Ave is in the Metropolitan Southwest community of County.

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