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1217 62nd Street
Los Angeles, CA 90044
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.
PROPERTY INFORMATION
| MLS # | SR24141390 | Lot Size | 6,726 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,050,000
Price Per SqFt: $ 241 |
DOM | 298 Days |
| Address | 1217 62nd Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,353 Sq. Ft. |
| Postal Code | 90044 | Garage | 4 |
| County | Los Angeles | Year Built | 1930 |
| Bed / Bath | 4 / 0 | Parking | 6 |
| Built In | 1930 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven, Gas Cooktop, Gas Water Heater |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Attic, Kitchen, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Carpet, Laminate, Tile |
| InteriorFeatures Information | Built-in Features, Copper Plumbing Partial, Quartz Counters, Storage |
| EntryLocation | front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | Double Pane Windows, Insulated Windows |
| SecuritySafety | Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars |
EXTERIOR FEATURES
| FoundationDetails | Raised |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wrought Iron |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,120
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/10/2024 | Listed | $1,050,000 |
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Listing provided courtesy of Shavonda Hill, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
