505 West 62nd Street

Los Angeles CA 90044

21812 sq. ft.

13504 sq. ft.

Other

Currently for sale - view listing

Overview

Rare opportunity to own a charming early 20th- century brick building in the heart of Los Angeles! 505 W. 62nd St. features classic Beaux- Arts- inspired architecture with original brickwork, tall industrial windows, and spacious commercial- style units. Situated on a wide street lined with iconic palm trees, this property captures the authentic vintage character of old LA. Currently generating strong rental income with a high cap rate and upside potential, this asset is ideal for investors seeking stable cash flow with value-add opportunities. Zoned for mixed-use with flexible layout options, the building offers creative potential for live/work conversions, artist studios, or modernized commercial spaces. Conveniently located near major freeways (110 & 105), public transit, and minutes from DTLA, USC, and the Coliseum. Don't miss your chance to own a piece of LA history while maximizing your returns in a rapidly evolving neighborhood.

Features

18 bedrooms

16 bathrooms

21812 sq. ft. floor area

13504 sq. ft. lot size

Other

Property history for 505 West 62nd Street

2019

Sold

$3,580,000

19 Jul 2019 by George Gorgy, of Premier Investors R.E., Inc.

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Local market activity for 18 bedroom other properties in Los Angeles

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jocelyn Guardado

at Compass

View listing

Sales:: (619) 566-0008

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