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We are pleased to present for sale this eight (8) unit investment opportunity at 1116-1122 West Florence Avenue. The subject property is located in the Vermont Knolls neighborhood in Los Angeles. The property was built in 1957 and has an excellent unit mix of three (3) one bedroom/one bath units, two (2) two bedroom/two bath units and three (3) three bedroom/two bath units. Located in Vermont Knolls, this property is conveniently located near major freeways, local businesses and is in close vicinity to the Hollywood Park Redevelopment. This two building offering is situated on a 12156 Sq. Ft., lot and features an on-site laundry facility and a spacious parking lot.This property provides an opportunity for an investor to instantly attain a strong cash flow with the potential to raise rents and increase value.
Listing agent: Noah Tillipman DRE #01968632 noah.tillipman@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/4/2026, 7:05:51 AM PT
Source: CRMLS, MLS #: 15951575
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 23, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90044 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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