650 S La Jolla Ave is a 12-unit multi-family apartment complex featuring 1,100 sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has completed two 1bd/1bth ADUs through a carport conversion and with the new AB1211 Law, an investor can add up to 6 more on the lot adding significant value. The building features a new exterior paint job, new 400amp main panel and switchgear, new electrical meters and upgraded sewer. The property has 4 carport spaces with one additional space for storage that can be leased. There are an additional 3-4 spaces on the surface lot. On the property there are 4 basement areas that house shutoff valves, central heating units and extra storage space. The property is conveniently situated near a variety of amenities, including popular restaurants and nightlife resulting in a high rental demand market making it a very appealing investment opportunity. Please do not disturb tenants, property occupied please call listing agent for details.
Property Details
Price:
$4,850,000
MLS #:
25487787
Status:
Active
Baths:
0
Address:
650 S La Jolla Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Jan 15, 2025
State:
CA
ZIP:
90048
Lot Size:
12,504 sqft / 0.29 acres (approx)
Year Built:
1928
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Central
Exterior
Parking Features
Carport
Parking Spots
7.00
Stories Total
2
Financial
Map
Community
- Address650 S La Jolla Avenue Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90048
Similar Listings Nearby
- 250 S Kenmore Avenue
Los Angeles, CA$6,295,000
4.11 miles away
- 201 N Normandie Avenue
Los Angeles, CA$6,100,000
3.91 miles away
- 9033 VISTA GRANDE Street
West Hollywood, CA$5,995,000
1.95 miles away
- 4201 S Council
Los Angeles, CA$5,975,000
3.49 miles away
- 520 S Kenmore Avenue
Los Angeles, CA$5,900,000
4.10 miles away
- 644 N Normandie Avenue
Los Angeles, CA$5,900,000
4.07 miles away
- 1439 N Curson Avenue
Los Angeles, CA$5,850,000
2.38 miles away
- 1226 N Fuller Avenue
West Hollywood, CA$5,775,000
2.24 miles away
- 8730 Holloway Drive
West Hollywood, CA$5,750,000
1.95 miles away
- 356 N Orange Grove Avenue
Los Angeles, CA$5,750,000
0.72 miles away

650 S La Jolla Avenue
Los Angeles, CA
LIGHTBOX-IMAGES