$1,500,000
$1,700,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
1236 Hi Point St Los Angeles, CA 90035
4 Beds
2 Baths
2,880 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $520
MLS Listing ID 24-385595
Bedrooms 4
Year Built 1936
Lot Size 6,522 Sqft
Property Sub-Type Multi-Family
Property Description
Welcome to 1236 Hi Point, a great investment/development opportunity, located in the Carthay Square Historic District. This 2 unit property with 2 bed, 1 bath each, comes with stamped plans for an ADU (Accessory Dwelling Unit) behind the main building. This offers an excellent opportunity for additional income or flexible living arrangements and presents many possibilities for the savvy investor. Whether you're looking to live in one unit and rent out the other, or plan a renovation project there is great potential. The property is situated in the vibrant Beverly Center-Miracle Mile area, a stone's throw from Beverly Hills. The location offers convenience and modern living, with superb dining, shopping, and entertainment hot spots nearby, including The Beverly Center and The Grove. The property is also near top schools, lush parks like La Cienega, and premier medical facilities including Kaiser West LA. Current rents are below market rate and both units are on month to month lease. The 2 garages that can be reached by the alleyway are the location for the approved ADU. Photos are of the upper unit.
Location
State CA
County Los Angeles
Area Beverly Center-Miracle Mile
Zoning LAR2
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling None
Flooring Wood
Equipment Ceiling Fan, Refrigerator, Freezer, Washer, Dryer, Range/Oven
Laundry None
Exterior
Parking Features Covered Parking
Garage Spaces 4.0
Pool None
Building
Story 2
Sewer In Street Paid
Water Water District
Others
Special Listing Condition Standard
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Bought with Coldwell Banker Realty