2930 W Florence Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
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Los Angeles, California 90043
This property presents a High-Potential Investment Opportunity with a List Price of $945,000—positioned well above the $826,593 Fair Market Value by -14%. While the property requires modernization given its Condition Rating of 4, its strategic location near the SoFi Stadium and Intuit Dome ensures strong rental demand. The current tenant-occupied status provides immediate income, though the dated interior offers significant upside for value-add renovations. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth in a rapidly evolving corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2930 W Florence Avenue Subject | $945,000* List Price | 3 | 2 | 1,156 | $715 | - |
A 3444 W 74th Sold | $665,999 | 2 | 1 | 1,076 | $619 | 0.4 mi |
B 6418 3rd Avenue Sold | $829,000 | 3 | 2 | 1,158 | $716 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954 with interior updates (flooring and molding) that appear to be approximately 15-25 years old. The property is functional and currently tenant-occupied, but features dated elements like red carpeting and older fixtures. The marketing description emphasizes 'upside potential' and 'future use,' signaling that while livable, it requires cosmetic and likely system modernizations.
High School: Middle College High School (9/10).
The property is situated in a rapidly evolving corridor just minutes from premier destinations like SoFi Stadium, Kia Forum, and the Intuit Dome, ensuring high demand and long-term appreciation.
Currently tenant-occupied, this residence offers a turnkey opportunity for investors to secure immediate cash flow while benefiting from the area's continued growth and revitalization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Existing tenant occupancy may present challenges for owner-occupants seeking immediate possession and requires careful navigation of local tenancy rights during the transition.
The majority of assigned public schools in the immediate vicinity have low performance ratings, which may limit the property's appeal to families prioritizing educational infrastructure.
Welcome to 2930 W Florence Ave, a unique opportunity in the heart of Los Angeles. Ideally located near major freeways, shopping, dining, and premier entertainment destinations, this property offers exceptional convenience and accessibility. Just minutes from SoFi Stadium, Kia Forum, and Intuit Dome, this location places you in one of Los Angeles' most dynamic and rapidly evolving corridors.The property offers a versatile layout and presents an excellent opportunity for both owner-occupants and investors alike. Currently tenant occupied, it may provide immediate income potential while also offering long-term flexibility for future use, subject to existing tenancy rights.Situated in an area experiencing continued growth and revitalization, this property benefits from strong demand driven by nearby employment centers, transportation access, shopping, dining, and world-class entertainment venues. Whether you are seeking a primary residence, an income-producing asset, or a property with future upside potential, 2930 W Florence Ave offers a compelling combination of location, opportunity, and long-term value.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,156 | 1,588 | 17% |
| Lot Size | 5,701 | 6,091.5 | 41% |
| Price | $945.0K | $878.0K | 58% |
| Price per sq ft | $817 | $605 | 93% |
| Built year | 1954 | 1928 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 144 | 2% |
Jun 2, 2026
$945,000
Initial Listing
Mar 18, 2005
$300,000
Public Record
May 4, 2004
$185,000
Public Record