Property listed by Keller Williams Beverly Hills, Morgan McMullin 310-432-6400
$2,295,000
Discover an immaculate and rare investment opportunity in the heart of Miracle Mile, one of Los Angeles' most vibrant and architecturally rich neighborhoods. This beautifully maintained 6-unit apartment building, built in 1947, showcases timeless Art Deco charm while offering updated interiors and strong income potential. Each of the six units… Read More features spacious 2-bedroom, 1-bathroom layouts, all exceeding 1,000 square feet. The apartments are thoughtfully updated to meet modern expectations, including refreshed kitchens, hardwood floors, and contemporary fixtures while retaining the building's historic character through original moldings, arched doorways, and period details. This perfect blend of old and new enhances tenant appeal and long-term desirability. The building boasts a total living area of 6,726 square feet, situated on a 9,622 square foot lot, offering ample space and comfort. With LAR3 zoning, the property supports multi-family residential use, and may present value-add opportunities for future development, expansion, or ADU additions (buyer to verify). A private driveway and rear parking area further increase its functionality. Read Less
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,726
Lot Size
0.22 Acres
MLS Number
25541169
30 Days Snapshot Of 90019
$1.45M
+8%
(avg) sold price
7
-53%
homes sold
77
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building area total: 6,726, Levels: Two, Living area: 6726, 2 stories, 3 buildings
Cooling
None
Heating
None
Income
Gross income: $194,616, Net operating income: $126,125
Lot
0.221 acres, 9,626 square feet, Size: 9,626
Parking
6 totals parking, DetachedCarport
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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