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$ 1,050,000
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Active
1217 W 62nd ST Los Angeles, CA 90044
6,726 Sqft Lot
UPDATED:
08/01/2024 08:36 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24141390
Style Spanish
Originating Board California Regional MLS
Year Built 1930
Lot Size 6,726 Sqft
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 classi
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Kitchen Other, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features Private / Exclusive, Garage, Gate / Door Opener, Parking Area
Garage Spaces 6.0
Pool 31, None
View City Lights
Building
Foundation Raised
Water District - Public
Architectural Style Spanish
Others
Tax ID 6003025018
Special Listing Condition Not Applicable
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Listed by Shavonda Hill • Compass