624 S Dunsmuir Avenue, Los Angeles, CA 90036

  • $2,560,000
  • $339
624 S Dunsmuir Avenue, Los Angeles, CA 90036
For Sale
624 S Dunsmuir Avenue, Los Angeles, CA 90036
  • $2,560,000
  • $339

Overview

Property ID: SGR-33492053
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 7544.00
  • 1930
  • Year Built

Description

TO BE SOLD TOGETHER WITH ADJACENT 8-UNIT PROPERTY AT 630 S DUNSMUIR AVE, 16 UNITS TOTAL FOR $5,120,000….624 & 630 S Dunsmuir Ave are two side-by-side 8-unit buildings in the Miracle Mile neighborhood in Los Angeles. These beautiful Spanish-style buildings boast a combined 15,088 square feet, with each building comprising 7,544 square feet. The properties feature spacious 1-bedroom, 1-bathroom units with offices, averaging 943 square feet each. The are currently 7 vacancies available across the two buildings. The charming architecture, large bright units, and hardwood floors throughout add to the allure & charm of these properties. The buildings are master-metered for all utilities, and all of the occupied units are eligible for 6% rent increases from day one after purchase. Additionally, there is an on-site laundry room in the basement of 630 Dunsmuir Ave, which is shared between the tenants of both buildings. There are also 14 uncovered parking spaces in the back of the lots. Lastly, the plumbing across both buildings has been partially replaced with copper piping. This is a rare opportunity as these properties are on the market for the first time in 50+ years. The buildings sit on separate R4 parcels totaling 15,597 SqFt of land and must be purchased together.

  • Address 624 S Dunsmuir Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90036
  • Area C19 - Beverly Center-Miracle Mile
  • Country United States

Details

Updated on August 11, 2024 at 10:00 am
  • Property ID: SGR-33492053
  • Price: $2,560,000
  • Property Size: 7544.00 m²
  • Land Area: 7801.00 m²
  • Bedrooms: 8
  • Bathrooms: 8
  • Year Built: 1930
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 7544.00
  • MLS#: 24425479
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: Jake Glaser
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 02128816

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 7.00

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