Rare opportunity to own a charming early 20th- century brick building in the heart of Los Angeles! 505 W. 62nd St. features classic Beaux- Arts- inspired architecture with original brickwork, tall industrial windows, and spacious commercial- style units. Situated on a wide street lined with iconic palm trees, this property captures the authentic vintage character of old LA. Currently generating strong rental income with a high cap rate and upside potential, this asset is ideal for investors seeking stable cash flow with value-add opportunities. Zoned for mixed-use with flexible layout options, the building offers creative potential for live/work conversions, artist studios, or modernized commercial spaces. Conveniently located near major freeways (110 & 105), public transit, and minutes from DTLA, USC, and the Coliseum. Don’t miss your chance to own a piece of LA history while maximizing your returns in a rapidly evolving neighborhood.
Property Details
Price:
$4,999,000
MLS #:
25566405
Status:
Active
Baths:
0
Address:
505 W 62nd Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jul 17, 2025
State:
CA
ZIP:
90044
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1925
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- Address505 W 62nd Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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505 W 62nd Street
Los Angeles, CA
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