$899,000
-$31,0002921 W Florence, Los Angeles CA 90043
Multi-Family (2 Units)
Property type
204 days
On market
$461
Price per sqft
2 cars
Garage
1955
Year built
2,901 sqft
Lot size
Open Houses
Overview
--REMODELED MIX USE PROPERTY, FIRST FLOOR RETAIL BUILDING, BATHROOM IN COMPLAINCE WITH ADA REGULATIONS. NEW FLOOR NEW WALLS, NEW WINDOWS AND DOORS. A/C MINISPLIT. EVERYTHING WAS DONE WITH PERMITS AND BROUGHT UP TO CODE WITH THE LADBS . UPPER UNIT FEATURE 2 BEDROOM APARTMENT WITH TWO FULL BATH TOTALLY REDONE, NEW KITCHEN CABINETS, WINDOWS AND DOORS, TWO A/C UNITS IN THE...
Listing provided by: SUSANA BOGGIO DRE #01439504 323-725-7100, TAMAYO & ASSOC. R.E.
Listing updated: Mar 25, 2026 at 08:24pm.
Last checked: Jun 13, 2026 at 12:00pm
Source: CRMLS #WS25265749
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $0 | $0 | $2,800 | Unfurnished |
| 1 | 0 | 1 | 1 | $0 | $0 | $4,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
8.14%
NOI / List Price
Gross Scheduled Income: $75,600
Operating Expense: $4,800
Net Operating Income: $73,200
Annual Operating Expenses
Fuel: $0
Insurance: $2,400
Trash: $0
Water / Sewer: $2,400
Interior
Fireplace: None
Laundry: Washer Hookup, Laundry Closet, Laundry Room, Upper Level
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Yard
Pool: None
Water Source: Public
Sewer: Public Sewer, Private Sewer
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4008026013
Additional Parcels: No
Tax Lot: 11
Tax Block: 6
Community
Senior Community: No
Community Features: Urban