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$ 4,999,000
Est. payment /mo
New
505 W 62nd ST Los Angeles, CA 90044
18 Beds
16 Baths
21,812 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 21,812 sqft
Price per Sqft $229
MLS Listing ID 25566405
Bedrooms 18
HOA Y/N No
Year Built 1925
Lot Size 0.310 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Cooling None
Fireplace No
Exterior
Parking Features On Street
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6004025031
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Listed by Jocelyn Guardado Compass
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