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

2930 W Florence, Los Angeles, California 90043 home-pic-0
ACTIVE$980,000
2930 W Florence, Los Angeles, California 90043
3Beds
2Baths
1,200Sqft
5,701Lot
Year Built
1954
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
DW25250280
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $980.0K(58th), sqft - 1200(26th), beds - 3(50th), baths - 2(50th).

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.

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•1.5mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.3mi
3/10
Windsor Hills Math Science
Public,•K-5•2.3mi
1/10
Horace Mann Junior High School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.1mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.4mi
2/10
Audubon 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
10/30/25
Listing
$980,000
03/18/05
Sold
$300,000
05/04/04
Sold
$185,000
Condition Rating
Fair
The property, built in 1954, has received recent plumbing and sewer upgrades, which are significant system improvements. However, the cosmetic condition, particularly in the kitchen, is dated with older-style wood cabinets, basic appliances, and tile flooring that appears to be from an older renovation. Other areas feature dated red carpeting and older ceiling fans. While functional and maintained, the home requires substantial cosmetic updates to meet current quality and style standards, especially in the kitchen and likely the bathrooms (not pictured but inferred to be similar in age/style). The 'As-Is' sale also suggests no further improvements are planned by the seller.
Pros & Cons

Pros

Significant Income Potential: The property includes three additional income-producing units (one 1-bed/1-bath, two studios) with the potential to be converted into legal ADUs, offering substantial rental income opportunities.
Exceptional Commercial/Live-Work Versatility: Located on highly visible Florence Avenue and zoned SFR, it's ideal for live/work use or small business operations, with an option to include a profitable roofing business.
Strategic Location & Development Proximity: Ideally situated near major attractions and developments like the Metro Line, The Forum, Sofi Stadium, Intuit Dome, YouTube Theater, and Hollywood Park, ensuring high demand and potential appreciation.
Recent Essential Infrastructure Upgrades: Key infrastructure improvements include new plumbing throughout, a new sewer line, and clean-out, reducing immediate maintenance concerns in these critical areas.
Ample Space & Storage: Features a deep, spacious lot with ample parking and a large double garage, providing significant utility for residents or business operations.

Cons

Sold 'As-Is' Condition: The property is being sold 'As-Is,' indicating that the buyer will be responsible for any necessary repairs, renovations, or unforeseen issues, potentially requiring significant additional investment.
Non-Conforming Units Require Legalization: The presence of a non-conforming 1-bedroom/1-bath unit means the buyer will need to undertake the process and cost of converting it and the studios into legal ADUs to maximize their income potential and ensure compliance.
Mixed-Use/Zoning Complexity: While offering versatility, the SFR zoning with commercial potential and non-conforming units introduces a layer of complexity for buyers who may need to navigate zoning regulations, permits, and potential conversion costs.

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