247 W Florence

Los Angeles, CA 90003

5,969 sq ft lot
Built 1919

Listed by: Lyon Stahl Investment Real Estate, Inc. · 310-729-1559

About this home

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.

Home details

Interior

Laundry: None

Exterior & lot

Lot size: 5,969 sq ft (0.14 acres)
Lot features: 0-1 Unit/Acre
Pool: None
Garage spaces: 4
Common walls: No Common Walls

Property & community

Property type: Commercial/Residential
Year built: 1919
Community: Curbs, Urban, Sidewalks, Suburban
County: Los Angeles
MLS #: SB26085337
Listed: Apr 21, 2026

Location

Listed by: Lyon Stahl Investment Real Estate, Inc. · 310-729-1559

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 9, 2026 3:30 am.