1649 W Florence,Los Angeles, CA 90047
Los Angeles, CA 90047
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!
Details
| MLS # | DW26130575 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 85 |
| Listing Provided By | ROA California Inc. | Mirna Martinez |
Features
| SQ Feet | 1,700 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Acreage | 0.07 |
| Property View | None |
Interior
| Cooling | Energy Star Qualified Equipment |
|---|---|
| Heating | Energy Star Qualified Equipment |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Jack And Jill Bath |
| Window Features | Energy Star Qualified Windows |
| Appliances | Energy Star Qualified Appliances, Gas Range, Trash Compactor, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition, Shingle |
| Security Features | Window Bars |
| Construction Materials | Stucco |
| Foundation Details | Slab |
| Lot Features | No Landscaping |
| Fencing | Chain Link, Wrought Iron |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Sewer Available, Water Available |
|---|---|
| Electric | Electricity On Property |
| Sewer | Sewer Tap Paid |
Location
| Community Features | Gutters, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90047) | |
Price: $885,000 low | high Med: $892,000 sqft: 1,700 low | high Med: 2,038 $ / sqft: $521 low | high Med: $446 On site: 85 low | high Med: 128 | |
Market Activity 90047
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90047) | |
Price: $885,000 low | high Med: $892,000 sqft: 1,700 low | high Med: 2,038 $ / sqft: $521 low | high Med: $446 On site: 85 low | high Med: 128 | |
