1236 Hi Point Street
Los Angeles, CA, 90035
$1,885,000
Beds
0 Baths
SqFt
0.15 Acres
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Welcome to 1236 Hi Point, a great investment/development opportunity, located in the Carthay Square Historic District. This 2 unit property with 2 bed, 1 bath each, comes with stamped plans for an ADU (Accessory Dwelling Unit) behind the main building. This offers an excellent opportunity for additional income or flexible living arrangements and presents many possibilities for the savvy investor. Whether you’re looking to live in one unit and rent out the other, or plan a renovation project there is great potential. The property is situated in the vibrant Beverly Center-Miracle Mile area, a stone’s throw from Beverly Hills. The location offers convenience and modern living, with superb dining, shopping, and entertainment hot spots nearby, including The Beverly Center and The Grove. The property is also near top schools, lush parks like La Cienega, and premier medical facilities including Kaiser West LA. Current rents are below market rate and both units are on month to month lease. The 2 garages that can be reached by the alleyway are the location for the approved ADU. Photos are of the upper unit.

Property Details

Price:
$1,885,000
MLS #:
24385595
Status:
Active
Baths:
0
Address:
1236 Hi Point Street
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Apr 29, 2024
State:
CA
ZIP:
90035
Lot Size:
6,522 sqft / 0.15 acres (approx)
Year Built:
1936
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Schools

Interior

Appliances
Refrigerator
Cooling
None
Flooring
Wood
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)

Exterior

Parking Features
Covered
Parking Spots
4.00
Pool Features
None
Sewer
Sewer Paid
Spa Features
None
Stories Total
2

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Community

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1236 Hi Point Street
Los Angeles, CA