Thank you
Samantha Binah
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.
Sell a home like this and save $112,601 Find Out How
Total Bedrooms : 4
Total Baths: 2
Full Baths: 0
Half Baths: 0
Sewer : Sewer Tap Paid
Interior Features: Ceiling Fan(s)
Property Appliances: Refrigerator,Dryer,Washer
Flooring: Wood
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1936
Building Area Total: 2,880
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1497
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6522
Original List Price: 1,885,000
Listing Contract Date: 2024-04-29
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5087027018
Garage Description: Covered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C19 - Beverly Center-Miracle Mile
Postal Code Plus 4: 2612
Directions: Just north of Pico, between Crescent Heights and Fairfax Ave.
Zoning: LAR2
Source Property Type: Residential Income
Area: C19 - Beverly Center-Miracle Mile
Property Age: 88
Common Walls: No Common Walls
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2880
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1142 S Bedford Street, Los Angeles, CA,90035 | $2,260,000 | 8 | -- | 4,865 | 6337 Sqft |
1044 1044 S Robertson B.., Los Angeles, CA,90035 | $24,500,000 | -- | -- | -- | 18182 Sqft |
853 S Bedford Street, Los Angeles, CA,90035 | $2,600,000 | 8 | -- | 5,325 | 6601 Sqft |
835 S Sherbourne Drive, Los Angeles, CA,90035 | $5,500,000 | 19 | -- | 11,558 | 12000 Sqft |
1304 Roxbury Drive #102, Los Angeles, CA,90035 | $1,520,000 | 3 | 3 | 1,788 | 10049 Sqft |
1140 S Shenandoah Street, Los Angeles, CA,90035 | $1,950,000 | 4 | -- | 3,022 | 6386 Sqft |
1453 S Beverly Drive, Los Angeles, CA,90035 | $4,300,000 | 6 | -- | 5,053 | 6506 Sqft |
1170 S Robertson Boulev.., Los Angeles, CA,90035 | $3,000,000 | -- | -- | 1,695 | 3594 Sqft |
1724 S Crescent Heights.., Los Angeles, CA,90035 | $1,599,000 | 5 | -- | 2,910 | 5417 Sqft |
1132 S Crescent Heights.., Los Angeles, CA,90035 | $1,845,000 | 4 | -- | 3,313 | 5496 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/23/2024 @ 12:07
MLS: 24385595
LISTED BY: Samantha Binah, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.