2921 W Florence, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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2921 W Florence
Los Angeles, California 90043
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,950Sq Ft
2,901Lot Size
Property Price
LIST PRICE$950,000
SUMMARY
--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. UPPER UNIT FEATURE 2 BEDROOM APARTMENT WITH TWO FULL BATH TOTALLY REDONE, NEW KITCHEN CABINETS, WINDOWS AND DOORS, TWO A/C UNITS IN THE BEDROOMS. BIG PATIO COVER TO GATHER WITH FAMILY AND FRIENDS, SPACIOUS CONCRETE PATIO AND 2 CAR GARAGE READY TO BE CONVERTED IN ADU. NEW GARAGE DOOR NEW WATERLESS WATER TANK AND UPGRADED ELECTRICAL PANEL 200 AMP FOR THE BUSINESS AND 100AMP FOR THE RESIDENTIAL, READY TO RUN YOUR BUSINESS AND RENT THE APARTMENT.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel with permits, featuring new kitchens, bathrooms, flooring, and windows. Key systems are updated including a new tankless water heater, upgraded 200-amp electrical panel, and new mini-split HVAC units, placing it in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Mixed-Use Versatility
The property offers a unique live-work opportunity with a ground-floor retail space and a fully renovated 2-bedroom apartment above, ideal for owner-users or investors seeking dual income streams.
- Turnkey Renovations
Extensively remodeled with permits, the building features ADA-compliant facilities, upgraded electrical panels (200/100 amp), new windows, and modern finishes, significantly reducing immediate capital expenditure.
CONSRISKS & DEFICIENCIES
- Low-Rated School District
The majority of assigned local public schools have low performance ratings (1-3), which may limit the property's appeal to families and impact long-term residential appreciation.
- Limited Lot Size
With a lot size of only 2,901 square feet, the property has a high building-to-land ratio, leaving minimal outdoor space and restricted parking options for a mixed-use building.
About 2921 W Florence
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1955
- Lot Size
- 2,901 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Yes Academy
Grades K-5 • 0.4 mi
2/10
Lane (Warren) Elementary School
Grades K-6 • 0.5 mi
1/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 1,950 | 4,165.789 |
| Lot Size | 2,901 | 6,696 |
| Price | $950.0K | $956.9K |
| Price per sq ft | $487 | $273 |
| Built year | 1955 | 1937 |
| HOA | $0 | $907 |
| Days on market | 40 | 134 |
Pricing History
Listed for Sale
Sep 30, 2026
$950,000
Initial Listing
Sold
Nov 18, 2016
$325,000
Public Record
Sold
Apr 11, 2008
$10,000
Public Record
Sold
Feb 11, 2008
$500
Public Record
Sold
Jul 12, 2007
$96,000
Public Record
Sold
Oct 14, 2005
$350,000
Public Record
Sold
Feb 28, 2000
$10,000
Public Record