Active

1217 W 62nd ST

LOS ANGELES CA, 90044

$1,050,000


$241.21 per sqft

Active

4 Beds

3 Baths

4,353 sqft

Multi-family

Built in 1930

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.

SR24141390MR

MLS ID

July 10, 2024

Listed

October 2, 2024

Updated

Map

1217 W 62nd ST
LOS ANGELES CA, 90044

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Appliances

Laundry Area


Laundry Description

Laundry Area


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Spanish


Sewer

Public Sewer

Other Property Details

Area Name

Los Angeles Southwest


Days on Market

35


Garage

Yes


Garage Spaces

4


Parking

Door Opener, Garage, Garage - 1 Car, Gated, Parking Space, Private


Parking Total

6


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR2

Listed by Shavonda Hill with Compass
Listing Contact: 818-912-1268 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Highland Premiere Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/2024

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