Skip To Content

1337 S Highland Avenue

Los Angeles (City), CA 90019
  • $1,250,000
  • STATUS: Active Under Contract
  • ON SITE: 168 Days
  • ID#: 24431375
Under Contract
UPDATED: 82 min ago
$1,250,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)


Description

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

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-12T20:34:04.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker. Licensed in the State of California, USA.
www.socalrealestatelistings.com/homes/154201898
Print Image

1337 S Highland Avenue Los Angeles (City), CA 90019

  • Price: $1,250,000
  • Status: Active Under Contract
  • On Site: 168 Days
  • Updated: 82 min ago
  • ID#: 24431375
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1928
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
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
Exterior Features

Lot Features GardenIrregular Lot Parking Total 0

Property Features

Association Fee 0 Disclosures Trust/Conservatorship Listing Agreement Probate Listing Service Full Service Listing Terms Subject To Other Special Listing Conditions Probate Listing Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-12T20:34:04.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373256254-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373256254-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373256254-2.jpg
Logo
Coldwell Banker
19440 Goldenwest St
Huntington Beach CA, 92648
Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)