Homes for sale - 1337 S Highland Ave, Los Angeles, CA 90019

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Max Lee

[email protected] +1(213) 434-2433

$ 1,250,000

Est. payment | -/mo

8 Beds

8 Baths

6,256 SqFt

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$ 1,250,000

Est. payment | -/mo

Save

8 Beds

8 Baths

6,256 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,256 sqft

Price per Sqft $199

MLS Listing ID 24-431375

Bedrooms 8

Year Built 1928

Lot Size 8,998 Sqft

Acres 0.2066

Property Description

The garden style asset, 1337 S. Highland Avenue, is comprised of two adjacent apartment buildings with a total of eight units situated in the diverse Mid City neighborhood of Los Angeles. The asset boasts eight tandem parking spaces located directly in front of the property. The unit mix consists of eight large, well-designed one-bedroom / one bathroom units that include outdoor space for added convenience and appeal.The low price per unit establishes a strong initial investment basis, making it attractive for buyers looking to maximize their return. Notably, the property has a significant potential upside in rents, indicating substantial room for income growth and increased profitability via bringing down operational expenditures. This property offers a compelling value add investment opportunity to new ownership. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Other

Laundry In Unit

Building

Story 2

Others

Special Listing Condition Probate Listing

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dover Management Corp.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(213) 434-2433

[email protected]

California, 91214-1304, USA

1337 S Highland Ave Los Angeles, CA 90019