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$1,050,000

Beds
Unknown
sq ft
4,353

1217 W 62nd St, Los Angeles, CA 90044

1217 W 62nd St

Los Angeles, CA 90044

  • 167 days on market
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 modern upgrades.

Details

Property type

Mixed Use

Lot size

6,726 sq ft

Price per sq ft

$242

Year built

1930

Price History

07/10/2024
CRMLS

CRMLS #SR24141390

Listed
$1,050,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

Status: Active

Tomo last checked: 12/24/2024 at 5:50 AM

Listing updated: 09/30/2024 at 12:09 PM

Listed by: Shavonda Hill, Compass Phone #: (310) 230-5478

MLS: CRMLS #SR24141390

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