Active
1236 Hi Point Street
Los Angeles CA, 90035
$1,885,000
$654.51 per sqft
Active
4 Beds
2 Baths
2,880 sqft
Residential
Built in 1936
Listed by Samantha Binah with Coldwell Banker Realty 310-457-6550
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.
24385595
MLSⓇ ID
April 29, 2024
Listed
May 10, 2024
Updated
Map
1236 Hi Point Street
Los Angeles CA, 90035
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
2
Interior Features
Ceiling Fan(s)
Appliances
Refrigerator, Dryer, Washer
Laundry Description
None
Floor Description
Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.15 Acres
Sewer
Sewer Tap Paid
Other Property Details
Area Name
C19 - Beverly Center-Miracle Mile
Days on Market
10
Garage
No
Parking
Covered
Parking Total
4
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR2
Buyer Agency Compensation
2.5%
Listing Contact: 310-457-6550
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/10/2024 at 5:12 AM UTC