12
See all 12 photos
$1,050,000
Est. payment /mo
4,353 SqFt
Active
1217 W 62nd Street Los Angeles, CA 90044
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UPDATED:
08/01/2024 11:16 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,353 sqft
Price per Sqft $241
MLS Listing ID CRSR24141390
HOA Y/N No
Year Built 1930
Lot Size 6,726 Sqft
Acres 0.15
Property Description
Exceptional Investment Opportunity: Prime Multifamily Complex Near Major LA Attractions Discover an unparalleled investment opportunity with this impressive 5-unit, 7-bedroom, 5-bath apartment complex, ideally situated near USC, the LA Convention Center, Crypto.com Arena, the Grammy Museum, L.A. Live, the Natural History Museum, the California Science Center, and SoFi Stadium. With over 4,300 sq. ft. of living space on a generous 6,700+ sq. ft. lot, this property offers significant potential for additional units or ADU (Accessory Dwelling Unit) development to enhance rental income. The complex includes 4 private garages and one additional open parking space. Featuring charming Spanish-style architecture with privacy gates and ornate fixtures, this property has been thoughtfully upgraded with new flooring throughout, new energy-efficient windows, and a brand-new roof. Some units also include remodeled kitchens and/or bathrooms. This is the first time the property has been available on the market in many years, after being held within the same family for generations. Please do not disturb the current occupants. Interior viewings are available only with an offer. Seize this rare opportunity to invest in a well-located, high-potential property that combines both classic charm and mod
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Laundry Other
Exterior
View Y/N true
View City Lights
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6003025018
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Listed by Shavonda Hill • Compass
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289