1217 W 62nd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24141390
Year Built 1930
Lot Size 6,725 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 classic charm and modern upgrades.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Laminate,Tile
Fireplaces Type Living Room
Laundry Common Area
Exterior
Garage Door-Single,Garage,Garage Door Opener,Gated,Private,One Space
Garage Spaces 4.0
Garage Description 4.0
Fence Wrought Iron
Pool None
Community Features Park,Storm Drain(s),Street Lights,Sidewalks,Urban
Utilities Available Sewer Connected,Water Connected
View Y/N Yes
View City Lights
Building
Lot Description 2-5 Units/Acre
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard,Trust