Properties

Los Angeles, CA 90019 1337 S Highland Avenue

1337 S Highland Avenue Los Angeles, CA - Image 11337 S Highland Avenue Los Angeles, CA - Image 21337 S Highland Avenue Los Angeles, CA - Image 3
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1337 S Highland Avenue Los Angeles, CA - Image 41337 S Highland Avenue Los Angeles, CA - Image 51337 S Highland Avenue Los Angeles, CA - Image 61337 S Highland Avenue Los Angeles, CA - Image 71337 S Highland Avenue Los Angeles, CA - Image 81337 S Highland Avenue Los Angeles, CA - Image 91337 S Highland Avenue Los Angeles, CA - Image 101337 S Highland Avenue Los Angeles, CA - Image 111337 S Highland Avenue Los Angeles, CA - Image 121337 S Highland Avenue Los Angeles, CA - Image 131337 S Highland Avenue Los Angeles, CA - Image 141337 S Highland Avenue Los Angeles, CA - Image 151337 S Highland Avenue Los Angeles, CA - Image 161337 S Highland Avenue Los Angeles, CA - Image 171337 S Highland Avenue Los Angeles, CA - Image 181337 S Highland Avenue Los Angeles, CA - Image 19
Presented By: Douglas Steinriede with Dover Management Corp.;
  • MLS# 24431375
  • 08/11/2024
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  • SQFT • 6,256

Home Details

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
Presented By: Douglas Steinriede with Dover Management Corp.;

Interior Features for 1337 S Highland Avenue

Bathrooms

Total Baths

Other Interior Features

Total Stories2

General for 1337 S Highland Avenue

CityLos Angeles
CountyLos Angeles
DirectionsLocated 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.
DisclosuresTrust/Conservatorship
HOA Fee$
Listing TermsSubject To Other
Lot Size Square Feet8998
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
Number Of Units Total8
Possible UseMulti-Family
PostalCityLOS ANGELES
Property TypeCommercial Sale
Special Listing ConditionsProbate Listing
Standard StatusActive Under Contract
StatusActive Under Contract
Year Built1928
ZoningLAR3

Exterior for 1337 S Highland Avenue

Building Area Total6256
Lot FeaturesGarden, Irregular Lot
Lot Size Acres0.2066
Lot Size Area8998
Number of Buildings2
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,250,000
MLS#24431375
List Date 08/11/2024
Property Type Commercial
Phone 888.795.6274
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