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$1,885,000
4 bed
2,880 Sqft
6,522 Sqft lot

1236 Hi Point Street, Los Angeles, California 90035

  • Residential Income Property Type
  • 52 Days Time on market
  • $655 Price per sqft
  • 1936 Year Built
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.

Basic Details
Residential Income
Buy
24385595
$1,885,000
4
2,880 Sqft
1936
6,522 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Dryer, Refrigerator, Washer
4
$0
: Sewertappaid
Address
CA
Los Angeles
Los Angeles
90035
1236 Hi Point Street
1236
Street
0
W119° 37' 54.2''
N34° 3' 9.6''
Additional Information
52
1
2
2
2
: Two
1
2,880 Sqft
0 Sqft
0 Sqft
: Ceiling Fan(s)
0.15 Sqft
6,522 Sqft
1
: No Common Walls
0 Sqft
LAR2
5087027018
$0
$0
$0
$125
1
$0
$0
0 Sqft
0 Sqft
$0
1
29/04/2024 16:01:46
$0
: Standard
Just north of Pico, between Crescent Heights and Fairfax Ave.
Coldwell Banker Realty
Samantha Binah
CLW-M2000133
CLW-C130545
$0
: Wood
1
1
1
0
0
1
1
2
1
33948
US-06037-N-5087027018-R-N
29/04/2024 23:11:44
Hi Point
C19 - Beverly Center-Miracle Mile
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