REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,300,000
Est. payment | /mo
6,751 Sqft Lot
$ 2,300,000
Est. payment | /mo
6,751 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26107252
HOA Y/N No
Year Built 1927
Lot Size 6,751 Sqft
Property Description
A four-unit multifamily property in Los Angeles' Miracle Mile / Mid-Wilshire area, built in 1927 on a 6,750 SF lot with a 3,173 SF building. The unit mix includes one studio, two 1BR/1BA units and one 2BR/2BA unit. The studio and two-bedroom are leased at market rents, while both one-bedroom units have been renovated and will be delivered vacant, giving a buyer immediate lease-up at market rents or the option to occupy a unit while collecting income from the rest. The property includes two permitted ADU spaces of approximately 668 SF each, offering potential to expand from four to six units. Five parking spaces on site. Central location near Museum Row (LACMA, Academy Museum, Petersen, La Brea Tar Pits), The Grove and Original Farmers Market, with easy access to Beverly Hills, Century City, Hancock Park and Koreatown. Ideal for an owner-user or value-add investor. Buyer to independently verify all ADU permits, plans, dimensions and square footage.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available
Total Parking Spaces 5
Building
Water Public
Others
Tax ID 5089016023
Special Listing Condition Standard
Listed by Jenny Eng CBRE #01931224