2921 W Florence, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
2921 W Florence
Los Angeles, California 90043
Property Price
SUMMARY
Analysis of 2921 W Florence, Los Angeles, California 90043 is currently available with a list price of $899,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1955, the property has undergone extensive and recent renovations, as explicitly stated in the description ('REMODELED MIX USE PROPERTY', 'TOTALLY REDONE'). The images confirm new, modern kitchens with stainless steel appliances and gray shaker cabinets, new bathrooms with contemporary tiling and fixtures, new flooring (laminate/vinyl plank in residential, tile in commercial), new windows and doors, upgraded electrical panels, and a new tankless water heater. All major components appear new or virtually new, meeting current quality standards and requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Mixed-Use Income Potential
The property offers a unique advantage with a remodeled retail space on the first floor and a fully redone 2-bedroom, 2-bath apartment upstairs, providing dual income streams for an owner-operator or investor.
- Extensive Permitted Renovations
Both the commercial and residential units have undergone comprehensive, permitted remodels, including new floors, walls, windows, doors, and updated systems, ensuring modern, code-compliant, and move-in ready spaces.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
Despite extensive remodels, the property was originally built in 1955, which may imply older underlying structural components or systems not explicitly mentioned as upgraded, potentially leading to future maintenance.
- Limited Residential Cooling
The residential unit specifies 'two A/C units in the bedrooms,' suggesting that central air conditioning may not be present throughout the entire apartment, which could be a comfort issue in warmer Los Angeles months.
- Small Lot Size
With a lot size of 2901 sqft, the property has limited outdoor space or potential for significant future expansion beyond the planned ADU conversion, which might constrain certain buyer needs.
About 2921 W Florence
--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 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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1955
- Lot Size
- 2,901 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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
Lane (Warren) Elementary School
Grades K-6 • 0.5 mi
Seventy-Fourth Street Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,950 | 3,230 | 50% |
| Lot Size | 2,901 | 5,557.5 | 50% |
| Price | $899.0K | $1.14M | 50% |
| Price per sq ft | $461 | $383 | 50% |
| Built year | 1955 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 251 | 50% |
Pricing History
Listed for Sale
Feb 6, 2026
$899,000
$930,000
-3% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$930,000
Initial Listing
Price Change
Nov 24, 2025
$980,000
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