2039 W Florence, Los Angeles, California 90047, Los Angeles, 90047 - 4 bed, 3 bath
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Los Angeles, California 90047
This modern 2005-built residence is a High-Potential Investment Opportunity listed at $759,000—positioned well below the $797,707 Fair Market Value by 4%. This valuation provides $38,707 in Instant Equity. Boasting a Good Condition Rating, the spacious 2,090 sq ft home features approved plans for a three-unit conversion, offering significant rental upside near SoFi Stadium and USC. While local elementary ratings are low, it benefits from the 9/10 rated Middle College High School. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2039 W Florence Subject | $719,000* List Price | 4 | 3 | 2,090 | $382 | - |
A 6558 S Van Ness Active | $659,000 List Price | 3 | 2 | 1,428 | $461 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property meets the 'good' criteria as it is within the 10-20 year age range and appears move-in ready. The kitchen features functional wood cabinetry and standard appliances consistent with its construction era. The bathrooms and living areas, featuring a mix of tile and carpet, are well-maintained with minimal signs of wear. While the interior lacks the high-end modern finishes of a recent renovation, the systems and overall structure are functional and within their expected lifespan.
High School: Middle College High School (9/10).
The property includes city-approved plans to convert the single-family residence into three units, offering a rare, shovel-ready opportunity for investors to maximize rental income.
Ideally situated just three miles from SoFi Stadium and five miles from USC, the home benefits from high demand due to its proximity to major sports, entertainment, and educational hubs.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2496, living area = 2090.
With a lot size of only 2,496 sq ft, the property has a high building-to-land ratio, leaving very little room for a private yard or traditional outdoor entertaining space.
The immediate public schools assigned to this address have low performance ratings (ranging from 1 to 3), which may be a deterrent for families prioritizing high-quality local education.
Spacious 2,090 sq ft single-family two-story home, offering on the first floor; living room, half restroom (with space to make it a full bathroom), kitchen, huge dining room and garage for two cars, upstairs are the four bedrooms, two full bathrooms and master bedroom with balcony and walking closet. Centrally located to everything in LA, Sofi stadium is three miles away, USC is less than five miles away, perfect home for a family or Investors looking for opportunities to convert it into three units, plans are approved by the city and ready to issue permits. Don't let this potential opportunity go, call for more information or schedule an appointment.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 2,090 | 1,369 | 97% |
| Lot Size | 2,496 | 5,282 | 1% |
| Price | $719.0K | $745.0K | 44% |
| Price per sq ft | $344 | $522 | 2% |
| Built year | 2005 | 1930 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 181 | 1% |
Apr 15, 2026
$719,000
$759,000
-5% Price Drop
Initial Listing
Mar 17, 2026
$759,000
Initial Listing