1217 62nd Street, Los Angeles, CA 90044
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- MLS#: SR24141390 ( Commercial/Residential )
- Street Address: 1217 62nd Street
- Viewed: 1
- Price: $1,050,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1930
- Bldg sqft: 0
- Days On Market: 165
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90044
- Provided by: Compass
- Contact: Shavonda Shavonda
- DMCA Notice
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DescriptionExceptional 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 Location and Similar Properties
Features
Appliances
- Gas Oven
- Gas Cooktop
- Gas Water Heater
Architectural Style
- Spanish
Building Area Total
- 4353.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Construction Materials
- Stucco
Cooling
- None
Country
- US
Days On Market
- 88
Electric
- 220 Volts
Entry Location
- front
Fencing
- Wrought Iron
Fireplace Features
- Living Room
Flooring
- Carpet
- Laminate
- Tile
Foundation Details
- Raised
Fuel Expense
- 0.00
Garage Spaces
- 4.00
Green Energy Efficient
- Roof
- Water Heater
- Windows
Green Water Conservation
- Water-Smart Landscaping
Heating
- Wall Furnace
Insurance Expense
- 2300.00
Interior Features
- Built-in Features
- Copper Plumbing Partial
- Quartz Counters
- Storage
Laundry Features
- Common Area
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
Netoperatingincome
- 64595.00
Parcel Number
- 6003025018
Parking Features
- Garage
- Garage - Single Door
- Garage Door Opener
- Gated
- Parking Space
- Private
Pool Features
- None
Postalcodeplus4
- 2741
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Road Frontage Type
- City Street
Road Surface Type
- Paved
Security Features
- Carbon Monoxide Detector(s)
- Security Lights
- Smoke Detector(s)
- Window Bars
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 418640116:CRM
Spa Features
- None
Totalactualrent
- 5685.00
Totalexpenses
- 3625.00
Trash Expense
- 125.00
Uncovered Spaces
- 2.00
Utilities
- Sewer Connected
- Water Connected
View
- City Lights
Virtual Tour Url
- https://www.hshprodmls2.com/1217-w-62nd-st
Water Sewer Expense
- 1200.00
Water Source
- Public
Window Features
- Double Pane Windows
- Insulated Windows
Year Built
- 1930
Year Built Source
- Assessor
Zoning
- LAR2