1236 Hi Point Street, Los Angeles

$1,885,000

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4 Beds
2 Baths
2,880 Sqft
.15 Acre
0 Garage

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.

Essential Information

MLS® #
24385595
Price
$1,885,000
Bedrooms
4
Bathrooms
2.00
Square Footage
2,880
Acres
0.15
Year Built
1936
Type
Residential Income
Status
Active

Community Information

Address
1236 Hi Point Street
City
Los Angeles
County
Los Angeles
Zip Code
90035
Senior Community
N

Area

C19 - Beverly Center-Miracle Mile

Amenities

Parking Spaces
4
Parking
Covered
Garages
Covered
Pool
None

Interior

Interior
Wood
Interior Features
Ceiling Fan(s)
Appliances
Refrigerator, Dryer, Washer
Heating
Wall Furnace
Cooling
None
# of Stories
2
Stories
Two

Additional Information

Date Listed
April 29th, 2024
Days on Market
17
Zoning
LAR2

Listing Details

Agent
Samantha Binah
Office
Coldwell Banker Realty

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Samantha Binah - Coldwell Banker Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 9:45am PDT. 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.