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$ 1,885,000
Est. payment | /mo
4 Beds
2 Baths
2,880 SqFt
$ 1,885,000
Est. payment | /mo
4 Beds
2 Baths
2,880 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $654
MLS Listing ID 24385595
Bedrooms 4
HOA Y/N No
Year Built 1936
Lot Size 6,520 Sqft
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 C19 - Beverly Center-Miracle Mile
Zoning LAR2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry None
Exterior
Parking Features Covered
Pool None
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5087027018
Special Listing Condition Standard
Listed by Samantha Binah • Coldwell Banker Realty
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