$1885000 Price Analysis   ♡   Los Angeles, CA 90035 4 bed 2 bath 2880 SqFt ($654/SqFt) 6522SqFt lot. Built 1936 Listed 2024-04-29, Taxes $18564 | Ⓧ Possibly USDA Ineligible due to property condition near Los Angeles |
Welcome to 1236 Hi Point
A fantastic 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 premir 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 a re of the upper unit.
Presented by Samantha Binah at
Coldwell Banker Realty.
Property MLS #24-385595 from TheMLSCLAW
Full Bathrooms: 2
Garage Description: Covered Parking
Parking Total: 4
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6522
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2900, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2900
Source Listing Status: Active
County: Los Angeles
Directions: Just north of Pico, between Crescent Heights and Fairfax Ave.
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Parcel Number: 5087-027-018
Postal Code Plus 4: 2612
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $557124 + $998618 $1555742 | $18564 |
| 2021 | $546200 + $979038 $1525238 | $18332 |
| 2020 | $540600 + $969000 $1509600 | $18520 |
| 2019 | $530000 + $900000 $1430000 | $17196 |
| 2018 | $76526 + $65561 $142087 | $1929 |
| 2017 | $75026 + $64276 $139302 | $1892 |
| 2016 | $73555 + $63016 $136571 | $1815 |
| 2015 | $72451 + $62070 $134521 | $1790 |
| 2014 | $71032 + $60855 $131887 | $1811 |
| 2013 | $70711 + $60580 $131291 | $1804 |
| 2012 | $69325 + $59393 $128718 | $1827 |
| 2010 | $67966 + $58229 $126195 | $1811 |
| 2009 | $67620 + $57932 $125552 | $1742 |
| 2009 | $67459 + $57794 $125253 | $1742 |
| 2008 | $66295 + $56797 $123092 | $1677 |
| 2007 | $64996 + $55684 $120680 | $1611 |
$1885000
TheMLSCLAW
Sold 1977-06-27
$70000
Public Record
Year Built: 1936
Common Walls: Detached/No Common Walls
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 88
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.