2921 W Florence, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
ACTIVE$930,000
2921 W Florence, Los Angeles, California 90043
0Bed
0Bath
1,950Sqft
2,901Lot
Year Built
1955
Close
-
List price
$930K
Original List price
$980K
Price/Sqft
$477
HOA
-
Days on market
-
Sold On
-
MLS number
WS25265749
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $930.0K(50th), sqft - 1950(50th), beds - undefined(50th), baths - undefined(50th).
--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.
Nearby schools
2/10
Yes Academy
Public,•K-5•0.4mi
1/10
Lane (Warren) Elementary School
Public,•K-6•0.5mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.9mi
4/10
Centinela Elementary School
Public,•K-6•1.2mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.4mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.2mi
3/10
Windsor Hills Math Science
Public,•K-5•2.2mi
1/10
Horace Mann Junior High School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.1mi
2/10
Audubon Middle School
Public,•6-8•2.4mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.5mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.5mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.6mi
2/10
Inglewood High School
Public,•9-12•1.9mi
2/10
George Washington Preparatory High School
Public,•9-12•2.8mi
9/10
Middle College High School
Public,•9-12•5.5mi
Price History
Date
Event
Price
11/25/25
Price Change
$930,000
11/24/25
Listing
$980,000
11/18/16
Sold
$325,000
04/11/08
Sold
$10,000
02/11/08
Sold
$500
07/12/07
Sold
$96,000
10/14/05
Sold
$350,000
02/28/00
Sold
$10,000
Condition Rating
Excellent
Despite being built in 1955, this mixed-use property has undergone an extensive and recent renovation, as explicitly stated in the description. Both the retail and residential units have been 'totally redone' with new floors, walls, windows, doors, kitchen cabinets, and modern fixtures. Key infrastructure upgrades include new A/C mini-splits, a new tankless water heater, and upgraded electrical panels, all done with permits and brought up to code. The images confirm modern kitchen and bathroom styles, new flooring (LVP and tile), and updated systems, indicating virtually new components throughout.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Mixed-Use Income Potential: The property offers a versatile mixed-use setup with a remodeled retail building on the first floor and a 2-bedroom apartment upstairs, providing diversified income streams for an owner-operator or investor.
Extensive Permitted Remodel: Both the retail and residential units have been completely redone with new floors, walls, windows, doors, and kitchens, all brought up to code with permits from LADBS, ensuring modern standards and reduced immediate maintenance.
ADU Conversion Ready Garage: A 2-car garage is explicitly stated as 'ready to be converted in ADU,' presenting a significant value-add opportunity to further increase rental income or provide additional living space.
Upgraded Infrastructure: The property features a new waterless water tank and upgraded electrical panels (200 AMP for business, 100 AMP for residential), indicating modern, efficient, and reliable utility systems.
ADA Compliant Retail Space: The first-floor retail bathroom is in compliance with ADA regulations, broadening the potential tenant pool and usability for various businesses.
Cons
Original Construction Age: Despite extensive remodels, the property's original construction year of 1955 means the underlying structure is older, which could lead to unforeseen maintenance issues or higher insurance costs over time.
Low-Rated Local Schools: Several nearby public schools, including elementary and middle schools, have low ratings (mostly 1s and 2s), which may be a deterrent for families with school-aged children considering the residential unit.
Potential for Limited Retail Parking: While a 2-car garage is available for ADU conversion, the description does not specify dedicated customer parking for the retail unit, which can be a critical factor for business viability and customer accessibility.