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1236 Hi Point Street

Los Angeles, CA 90035

– beds
– baths
– sqft
6,522 sqft lot
1936 build
– on site

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.

Listed By CRMLS_CA / Samantha Binah / Coldwell Banker Realty

Last checked: Checking… • Last updated Oct 15, 2024 •

MLS# 24385595 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1936
New Construction:

No
Common Walls:

No Common Walls
Building Area Total:

2880.00
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

2

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Flooring:

Wood
Laundry:

Washer Included, Dryer Included, None
Laundry:

1

Location

Directions:

Just north of Pico, between Crescent Heights and Fairfax Ave.
Latitude:

34.05265600
Longitude:

-118.36829100

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

6522.0000
Lot Size Acres:

0.1497
Lot Size SqFt:

6522.00
Additional Parcels:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5087027018

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Sewer Paid

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Covered
Parking Spaces:

4.00
Uncovered Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/29/24 Apr 29, 2024	Listed / Active	CRMLS_CA	$1,885,000

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This multifamily located in Central LA, Los Angeles, CA 90035 is currently for sale for $1,885,000. 1236 Hi Point Street is a – square foot multifamily with – beds and – baths that has been on Estately for 208 days. 1236 Hi Point Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Carthay Elementary Of Environmental Studies Magnet School, Emerson Community Charter School, and Fairfax Senior High School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 05:37 on Nov 23.

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, 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.