12
  • Property Type
  • Residential Income
  • 4.00
  • Garages
  • Area Size
  • 1930
  • Year Built
1217 W 62nd Street, Los Angeles, CA 90044
  • $1,050,000
  • $241

Description

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.

  • Address: 1217 W 62nd Street
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90044
  • Area: 699 - Not Defined
  • Country: United States

Details

Updated on September 30, 2024 at 7:36 am
  • Property ID SGR-34075662
  • Price $1,050,000
  • Land Area 6726.00 m²
  • Garages 4.00
  • Year Built 1930
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 4353.00
  • MLS# SR24141390
  • Office Name COMPASS
  • Agent Name Shavonda Hill
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 01384396
  • IDX Contact Info 818-912-1268

Additional details

  • View City Lights
  • Sewer Public Sewer
  • Cooling None
  • Heating Wall Furnace
  • Flooring Carpet,Laminate,Tile
  • County Los Angeles
  • Property SubType Commercial/Residential
  • Parking 6.00
  • Water Source Public

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Sankofa Global Realty
  • Sankofa Global Realty

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