1217 W 62nd Street
Los Angeles, CA, 90044
$1,050,000
Beds
0 Baths
SqFt
0.15 Acres
Add
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 Details

Price:
$1,050,000
MLS #:
SR24141390
Status:
Active
Baths:
0
Address:
1217 W 62nd Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jul 10, 2024
State:
CA
ZIP:
90044
Lot Size:
6,726 sqft / 0.15 acres (approx)
Year Built:
1930
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Gas Oven, Gas Cooktop, Gas Water Heater
Cooling
None
Fireplace Features
Living Room
Flooring
Carpet, Laminate, Tile
Heating
Wall Furnace
Interior Features
Built-in Features, Copper Plumbing Partial, Quartz Counters, Storage
Window Features
Double Pane Windows, Insulated Windows

Exterior

Community Features
Park, Sidewalks, Storm Drains, Street Lights, Urban
Electric
220 Volts
Fencing
Wrought Iron
Foundation Details
Raised
Garage Spaces
4.00
Green Energy Efficient
Roof, Water Heater, Windows
Lot Features
2-5 Units/ Acre
Parking Features
Garage, Garage – Single Door, Garage Door Opener, Gated, Parking Space, Private
Parking Spots
6.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
City Lights
Water Source
Public

Financial

Utilities
Sewer Connected, Water Connected

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
1217 W 62nd Street
Los Angeles, CA