1649 W Florence , Los Angeles, CA 90047
$850,000
Est. Payment: $4,539.59/mo
6 Bed
3 Bath
1700 Sqft
Status: Active | Days on site: 96
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House Description

HUGE price reduction! 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!

Highlights

Listed by Mirna Martinez , 310-483-8904 ROA California Inc. , 619-717-6237. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1940

County

Los Angeles

Area

C23 - Metropolitan

Listing ID

DW26130575

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Appliances:ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater
Air Cond:ENERGY STAR Qualified Equipment
Fireplaces:
Floor:Laminate
Other:
  • Additional:Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Jack and Jill Bath
Water:Public

Exterior Features

Lot:No Landscaping,No Land Lease
Garage Capacity:0
Roof:Composition,Shingle
Others:
  • Additional:Rain Gutters, Updated/Remodeled, Stucco, 2+ Total Units
Sewer:Sewer Tap Paid
Principal Interest
$4,540
Taxes
$542

Home Price

$850,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,539.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,539.59 $541.88 $0.00 $5,081.47
Yearly $54,475.14 $6,502.50 $0.00 $60,977.64
Total $1,634,254.17 $195,075.00 $0.00 $1,829,329.17

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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