Florence is a neighborhood in Southeast Los Angeles that’s been drawing attention in recent years, especially among investors. Although direct access to Interstate 110 keeps the area well connected to nearby job centers, event venues and amenities, housing prices are notably lower here than in many other parts of the city.
The median sale price is in the low $600,000s, which is roughly half the citywide median. A small portion of properties are single-family homes, including bungalows, Craftsman-style houses and Spanish styles from the early to mid-1900s. Fixer-uppers tend to sell from the low $400,000s to the upper $500,000s, but the majority of houses range from the upper $500,000s to the low $700,000s.
Approximately 70% of residents rent, and multifamily development continues to increase. “Most of what I sell here is duplexes, triplexes and fourplexes,” says Koeun Hwang, Realtor with Urban Real Estate, who has lived in LA for more than 20 years. “They’re popular with investors, but also good for first-time homebuyers because the rental income helps pay mortgage costs.” You might find smaller multifamily properties from the early to mid-1900s priced from the low $500,000s to mid-$900,000s, while larger, newer ones typically run between the upper $700,000s and $1.9 million.
Florence is part of the highly rated Los Angeles Unified School District. The district assigns schools based on address and also offers school choice through an open-enrollment lottery. One option in the community is John C. Fremont High School, which has a STEAM magnet program. Some families choose nearby charter or private options, like the St. Columbkille School, a faith-based private school serving preschool through eighth grade.
You’ll see a few regional grocery and fast-food chains in the community, but “it’s mostly mom and pop places,” Hwang says. El Compadre Restaurant is a local favorite for authentic Mexican seafood dishes and drinks, and Amour Bakery specializes in custom cakes and pastries. For more dining and shopping options, Hwang says that residents usually drive a few miles west to Inglewood, where there are sit-down restaurants and big-box chains.
There are bus stops in the area, a Metro busway station at the northwestern corner and a Metro A Line station a few miles east. Car travel still tends to be the most convenient, however. Interstate 110 runs just west of Florence, providing a direct route to Downtown LA, less than 8 miles north. Hwang says that many people commute to Vernon, roughly 5 miles away, which is a hub for manufacturing and shipping jobs.
Florence is home to Avalon and Gage Park, a pocket park with a playground and picnic tables, and you’re just a short drive from larger recreation areas like:
Maria De Jesus De Santiago
Pak Home Realty
(562) 317-8615
30 Total Sales
3 in Florence
$450K - $589K Price Range
Emma Perez
Century 21 Cornerstone
(747) 223-6382
80 Total Sales
2 in Florence
$850,000 Price Range
Rainer Pedraz
KELLER WILLIAMS REALTY COLLEGE PARK
(424) 371-7853
43 Total Sales
1 in Florence
$460,000 Price
Demetrius Brown
CLRE Corporation
(424) 321-7126
18 Total Sales
1 in Florence
$710,000 Price
Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
119 Total Sales
3 in Florence
$595K - $810K Price Range
Adriana Marquez
Berkshire Hathaway H.S.C.P.
(562) 454-1722
14 Total Sales
1 in Florence
$680,000 Price
| 1 - Low Crime, 10 - High Crime | Florence | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 8 | 4 |
| Assault with Weapon | 7 | 4 |
| Robbery | 7 | 4 |
| Burglary | 4 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 8 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Florence, Los Angeles sell after 65 days on the market compared to the national average of 57 days. The median sale price for homes in Florence, Los Angeles over the last 12 months is $617,000, down 2% from the median home sale price over the previous 12 months.
$1,795 - $2,150 per month
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Densely populated neighborhood 4 miles from the infamous SoFi stadium
Charming bungalows, parks and proximity to both the freeway and DTLA
Relatively affordable homes, plenty of park space and a variety of restaurants
Centralized South LA living with walkable retail, pocket parks and transit access
Residential neighborhood in the heart of South Los Angeles
Urban residential community close to LAX, SoFi Stadium and Kia Forum
