1337 S Highland Avenue
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 8,998 sqft lot
- 1928 build
- – on site
The garden style asset, 1337 S. Highland Avenue, is comprised of two adjacent apartment buildings with a total of eight units situated in the diverse Mid City neighborhood of Los Angeles. The asset boasts eight tandem parking spaces located directly in front of the property. The unit mix consists of eight large, well-designed one-bedroom / one bathroom units that include outdoor space for added convenience and appeal.The low price per unit establishes a strong initial investment basis, making it attractive for buyers looking to maximize their return. Notably, the property has a significant potential upside in rents, indicating substantial room for income growth and increased profitability via bringing down operational expenditures. This property offers a compelling value add investment opportunity to new ownership. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID
Last checked:
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Last updated Feb 3, 2025
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MLS# 24453401 —
The Building
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Year Built:1928
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New Construction:No
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Building Area Total:6256.00
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Total Number Of Units:8
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# of Buildings:2
Interior
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Levels:One
Financial & Terms
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Disclosures:Trust/Conservatorship
Location
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Directions:Located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue.
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Latitude:34.04857900
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Longitude:-118.34356100
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:8998.0000
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Lot Size Acres:0.2066
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Lot Size SqFt:8998.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5070001008
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/18/24
Dec 18, 2024
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Sold Subject To Contingencies | CRMLS_CA | $1,250,000 | |
|
11/22/24
Nov 22, 2024
|
Listed / Active | CRMLS_CA | $1,250,000 | |
|
10/16/24
Oct 16, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,250,000 |
