$ 4,999,000
-
$4,999,000
Price -
1
Bed -
2
Bath -
21,812
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X8146108 - CLW-C133006
Rare opportunity to own a charming early 20th- century brick building in the heart of Los Angeles! 505 W. 62nd St. features classic Beaux- Arts- inspired architecture with original brickwork, tall industrial windows, and spacious commercial- style units. Situated on a wide street lined with iconic palm trees, this property captures the authentic vintage character of old LA. Currently generating strong rental income with a high cap rate and upside potential, this asset is ideal for investors seeking stable cash flow with value-add opportunities. Zoned for mixed-use with flexible layout options, the building offers creative potential for live/work conversions, artist studios, or modernized commercial spaces. Conveniently located near major freeways (110 & 105), public transit, and minutes from DTLA, USC, and the Coliseum. Don't miss your chance to own a piece of LA history while maximizing your returns in a rapidly evolving neighborhood.
Listing Highlights for 505 W 62nd St
Status
Active
Days on Site
100
Property Type
Multi-Family
MLS ®
25566405
Year Built
1925
Total Square Footage
21,812
Lot/Acreage
0.31
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6004025031
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
505 W 62nd St Los Angeles, CA 90044
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
