$1,885,000
Active
20 Days Online
4 Beds2 Baths2,880 SQFT
Active

1236 Hi Point Street Los Angeles, CA 90035

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID Number24385595
  • Home Size Source N/A
  • Year Built1936
  • Lot Size0.1497 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Covered
  • Parking Spaces 4
  • Number of Stories 22
  • Acreage 0.1497
  • Zoning LAR2
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Appliances Refrigerator
  • Flooring Wood
  • Interior Ceiling Fan(s)
  • Laundry Features Washer IncludedDryer IncludedNone

Exterior Features

  • Spa No
  • Pool Features None
  • Spa Features None

Community Features

  • Senior Community No
  • MLS Area C19 - Beverly Center-Miracle Mile

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Monthly Payment (Est.)

$10,053
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