2930 W Florence, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

2930 W Florence, Los Angeles, California 90043 home-pic-0

2930 W Florence

Los Angeles, California 90043

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,200Sq Ft
5,701Lot Size

Property Price

LIST PRICE$949,900
EST. MARKET VALUE
$846,028
12% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$846,028
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2930 W Florence
Subject
$949,900*
List Price
321,200$705-
A
2429 W 73rd Street
Sold
$800,000321,236$6470.3 mi
B
6043 Madden Avenue
Sold
$685,000311,010$6780.7 mi
C
7316 10th Avenue
Active
$715,000
List Price
321,280$5590.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1954, the property has received critical infrastructure updates including new plumbing and sewer lines, but the interior remains largely dated and is being sold in 'As-Is' condition. While functional and maintained, the presence of non-conforming units and the lack of a comprehensive modern renovation to the kitchen and bathrooms align with a fair condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Middle College High School (9/10).

  • Substantial Income Potential

    The property includes three additional units—one non-conforming 1-bedroom and two studios—providing an immediate opportunity for rental income or conversion into legal ADUs to maximize ROI.

  • Strategic High-Growth Location

    Situated near the new Metro Line, SoFi Stadium, and the Intuit Dome, the property is positioned in a high-demand area poised for significant long-term appreciation and visibility.

CONSRISKS & DEFICIENCIES

  • Non-Conforming Units and As-Is Sale

    The additional units are currently non-conforming and the property is sold in as-is condition, placing the burden of legalization and potential repairs entirely on the buyer.

  • Underperforming School District

    The local public schools carry low performance ratings, which may deter family-oriented buyers and impact the property's appeal to a broader residential demographic.

About 2930 W Florence

Charming Local Home with Income Potential and Commercial Opportunity This charming single-family home is a must-see! Featuring 3 bedrooms and 2 bathrooms, this property sits on a deep, spacious lot with ample parking and a large double garage for extra storage. A private garden area adds a touch of serenity to the property. Located on highly visible Florence Avenue, the lot is zoned SFR but offers exceptional versatility — perfect for live/work use or small business operations. The home also includes three additional income-producing units, consisting of one non-conforming 1-bedroom/1-bath unit and two studios. These can easily be converted into legal ADUs, offering even greater potential for future income. Recent upgrades include new plumbing throughout, a new sewer line, and clean-out. Appliances may be included upon request. Additionally, a profitable roofing business currently operating on-site can be included in the sale for buyers interested in a combined purchase (see private remarks for details). Ideally situated near the new Metro Line, The Forum, Sofi Stadium, Intuit Dome, YouTube Theater, and the Hollywood Park Development, this property offers endless opportunity and convenience. Property is being sold As-Is. Buyer to verify all details.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
5,701 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,2001,446
25%
Lot Size5,7016,149
37%
Price$949.9K$850.0K
59%
Price per sq ft$792$623
88%
Built year19541926
96%
HOA$0$0
50%
Days on market127175
31%

Pricing History

Listed for Sale

Feb 25, 2026

$949,900

$980,000

-3% Price Drop

Initial Listing

Price Change

Oct 30, 2025

$980,000

Initial Listing

Sold

Mar 18, 2005

$300,000

Public Record

Sold

May 4, 2004

$185,000

Public Record

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