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Edie Israel

[email protected] +1(714) 623-3543

$ 1,250,000

Est. payment -/mo

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Active Under Contract

1337 S Highland AVE Los Angeles, CA 90019

8,999 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 24431375

HOA Y/N No

Year Built 1928

Lot Size 8,999 Sqft

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

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Fireplace No

Building

Lot Description Garden, Irregular Lot

Story 2

Others

Tax ID 5070001008

Acceptable Financing Subject To Other

Listing Terms Subject To Other

Special Listing Condition Probate Listing

Listed by Douglas Steinriede Dover Management Corp.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

West Hollywood Elementary

Public | KG - 5
9

Horace Mann School

Public | KG - 8
8

Hancock Park Elementary

Public | KG - 5
8

Melrose Avenue Elementary School

Public | KG - 6
8

3rd Street Elementary School

Public | KG - 5
8

Queen Anne Place Elementary School

Public | KG - 5
7

Baldwin Hills Elementary School

Public | KG - 5
7

Hollywood Primary Center

Public | KG - 3
7

New Heights Charter

Public | KG - 8
6

Marvin Avenue Elementary

Public | KG - 5
6

Cienega Elementary School

Public | KG - 5
6

Wilshire Park Elementary

Public | KG - 5
6

Van Ness Avenue Elementary

Public | KG - 5
6

Kim Elementary School

Public | KG - 5
6

Cahuenga Elementary School

Public | KG - 5
5

Shenandoah Street Elementary School

Public | KG - 5
5

Rosewood Avenue Elementary

Public | KG - 5
5

Laurel School

Public | KG - 8
5

City Charter Elementary School

Public | KG - 5
5

Celerity Nascent Charter

Public | KG - 8

Middle Schools 19

8

Los Angeles Center for Enriched Studies

Public | 6 - 12
6

New los Angeles Charter

Public | 6 - 8
6

John Burroughs Middle School

Public | 6 - 8
5

Pico Pico Middle School

Public | 6 - 8
4

Magnolia Science Academy 5

Public | 6 - 12
4

Bancroft Middle School

Public | 6 - 8
4

Foshay Learning Center

Public | 6 - 12
1

Audubon Middle School

Public | 6 - 8
1

Johnnie Cochran Jr. Middle School

Public | 6 - 8
1

Global Education Academy Middle School

Public | 6 - 8
0

Yeshivat Ohr Chanoch

Private | 8 - 12
0

Star Preparatory Academy

Private | 6 - 12
0

Pacific Hills School

Private | 6 - 12
0

Urban Village Middle School

Public | 6 - 8
0

West Hollywood Opportunity

Public | 7 - 12
0

The Episcopal School of los Angeles

Private | 6 - 9
0

Marlborough School

Private | 7 - 12
0

Frederick Douglass Academy Middle School

Public | 6 - 8
0

Joseph Pomeroy Widney High School

Public | 6 - 12

High Schools 20

7

Fairfax High School

Public | 9 - 12
7

Math and Science College Preparatory

Public | 9 - 12
7

Frederick Douglass Academy High School

Public | 9 - 12
6

Crenshaw Arts-Technology Charter High School

Public | 9 - 12
3

Los Angeles High School

Public | 9 - 12
1

Dorsey High School

Public | 9 - 12
0

Yula Girls High School

Private | 9 - 12
0

Mesivta Birkas Yitzchok

Private | 9 - 12
0

Shalhevet High School

Private | 9 - 12
0

Shalhevet School

Private | 9 - 12
0

Harkham-Gaon Acadamy

Private | 9 - 12
0

Whitman Continuation

Public | 9 - 12
0

Shaarei Torah California Rabbinical College

Private | 9 - 12
0

Bais Yaakov School for Girls

Private | 9 - 12
0

Yeshiva Gedolah of los Angeles

Private | 9 - 12
0

View Park Continuation

Public | 9 - 12
0

Yeshiva Ohr Elchonon Chabad - West Coast

Private | 9 - 12
0

Bnos Devorah High School

Private | 9 - 11
0

Academy of Science and Engineering

Public | 9 - 12
0

Bishop Conaty-Our Lady of Loretto High School

Private | 9 - 12

School and business data provided by Attom Data.

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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Yorba Linda, CA

Edie Israel

1337 S Highland AVE Los Angeles, CA 90019

Key Details

Location

Interior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1337 S Highland AVE