$895,000
1649 W Florence, Los Angeles CA 90047
Multi-Family (3 Units)
Property type
1 day
On market
$526
Price per sqft
0 cars
Garage
1940
Year built
3,000 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Mirna Martinez DRE #01773121 310-483-8904, ROA California Inc.
Listing updated: Jun 16, 2026 at 12:33am.
Last checked: Jun 16, 2026 at 01:00am
Source: CRMLS #DW26130575
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,700 | $2,700 | $0 | Unfurnished |
| 1 | 3 | 1 | — | $3,000 | $0 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $3,000 | $0 | $3,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 2
Separate Water Meters: 1
Ranges: 3
Rent Control: No
Units Leased: 1
Financial Snapshot
Gross Rent Multiplier
8.6x
List Price / Annual Gross Rent
Cap Rate
11.33%
NOI / List Price
Gross Scheduled Income: $104,400
Operating Expense: $3,000
Net Operating Income: $101,400
Annual Operating Expenses
Fuel: $0
Insurance: $2,400
Trash: $0
Water / Sewer: $600
Interior
Interior Features: Open Floor Plan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Jack And Jill Bath
Room Type: Bathroom, Bonus Room, Bedroom
Flooring: Laminate
Cooling: Energy Star Qualified Equipment
Heating: Energy Star Qualified Equipment
Appliances: Energy Star Qualified Appliances, Gas Range, Trash Compactor, Water Heater
Fireplace: None
Laundry: Washer Hookup, Inside
Entry Location: Entry
Exterior
Architectural Style: Traditional
Property Attached: No
Stories Total: 1
Roof: Composition, Shingle
Foundation: Slab
Window Features: Energy Star Qualified Windows
Construction Materials: Stucco
Property Condition: Updated Remodeled
Exterior: Rain Gutters
Common Walls: No Common Walls
Security Features: Window Bars
Lot Features: No Landscaping
Pool: None
Spa: None
Fencing: Chain Link, Wrought Iron
Water Source: Public
Sewer: Sewer Tap Paid
Electric: Electricity On Property
Utilities: Sewer Available, Water Available
View: None
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6015035009
Additional Parcels: No
Tax Lot: 13
Community
Senior Community: No
Community Features: Gutters, Street Lights, Sidewalks