Home | Los Angeles County | Los Angeles | 90001 | 5917 Converse
MLS: CRCV26193403 | Status: Active | Price: $650,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,459 | 1947 |
We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to increase revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throug
| Field | Value |
|---|---|
| MLS # | CRCV26193403 |
| MLS Source | California Regional MLS |
| Days on Site | 15 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
Justino Faaola
COMPASS
License #: 02038198
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 638 | – | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 244 - 246 W 66th St | $599,000 | – | – | – | Active |
| 720 E 82nd St | $760,000 | – | – | – | Contingent |
| 1580 E 45th St | $669,000 | – | – | – | Active |
| 5526 Compton Ave | $574,999 | – | – | – | Contingent |
| 715 E 87th Pl | $725,000 | – | – | – | Active |
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This listing information is up-to-date as of September 04, 2026. For the most current information, please contact Justino Faaola.