1649 W Florence AVE, Los Angeles, CA 90047 (MLS # DW26130575)
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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!
| DAYS ON MARKET | 1 | LAST UPDATED | 6/15/2026 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | C23 - Metropolitan |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | ENERGY STAR Qualified Equipment |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater |
| AREA | C23 - Metropolitan |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| HEAT | ENERGY STAR Qualified Equipment |
| INTERIOR | Open Floorplan, Recessed Lighting |
| LOT | 3001 sq ft |
| LOT DIMENSIONS | 3000 |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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