$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 #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
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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