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1236 Hi Point Street Los Angeles, CA $ 1,885,000
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$ 1,885,000 Get more info
1236 Hi Point Street
$ 1,885,000
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1236 Hi Point Street

Los Angeles, CA, 90035
$ 1,885,000
Bedrooms4 Baths2.0 Sq 2,880

Monthly Estimate*

$ 12,528

Listed by Coldwell Banker Realty
1236 Hi Point Street, Los Angeles, CA 90035 - Image 1
1236 Hi Point Street, Los Angeles, CA 90035 - Image 2
1236 Hi Point Street, Los Angeles, CA 90035 - Image 3
1236 Hi Point Street, Los Angeles, CA 90035 - Image 4
1236 Hi Point Street, Los Angeles, CA 90035 - Image 5
1236 Hi Point Street, Los Angeles, CA 90035 - Image 6
1236 Hi Point Street, Los Angeles, CA 90035 - Image 7
1236 Hi Point Street, Los Angeles, CA 90035 - Image 8
1236 Hi Point Street, Los Angeles, CA 90035 - Image 9
1236 Hi Point Street, Los Angeles, CA 90035 - Image 10
1236 Hi Point Street, Los Angeles, CA 90035 - Image 11
1236 Hi Point Street, Los Angeles, CA 90035 - Image 12
1236 Hi Point Street, Los Angeles, CA 90035 - Image 13
1236 Hi Point Street, Los Angeles, CA 90035 - Image 14

Multi-Family Home for sale in Los Angeles, CA

for $1,885,000 with 4 bedrooms and 2 full baths. This 2,880 square foot home was built in 1936 on a lot size of 0.1497.

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.

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Multi-Family Active

Price

$ 1,885,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1497

Year Built

1936

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24385595

Days on Market

33
Features
General
Interior Features CeilingFans
Sewer SewerTapPaid
Heating WallFurnace
Cooling None
Possession CloseOfEscrow
Appliances Refrigerator Dryer Washer
Zoning LAR2
Pool Features None
Year Built 1936
Stories 2
Levels Two
Gross Income 33948.0
County Los Angeles
Net Operating Income 10037.0
Insurance Expense 2369.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Just north of Pico between Crescent Heights and Fairfax Ave.
City Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
NumberOfUnitsTotal 2
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units SquareFeet
Lot Size Square Feet 6522.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hi Point
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Water Sewer Expense 2189.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 10
Standard Status Active
Occupancy Type Tenant
Taxes 18448.0
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Interior
Flooring Wood
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features None
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 2
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Exterior
Parking Features Covered
Total Parking 4.0
Lot Size Area 6522.0
Number of Buildings 1
Spa N
Building Area Total 2880.0
Lot Size Acres 0.1497
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1236
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* Excluded Features
List By
Coldwell Banker Realty

Broker

(310) 457-6550

Phone

Affordability Calculator

$12,528
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,528
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$1,885,000 Listed Price

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1236 Hi Point Street, Los Angeles, CA, 90035 is a Multi-Family Home for sale at $1,885,000 with 2,880 sqft and a lot size of 0.1497. 1236 Hi Point Street has 4 bedrooms, 2.0 baths, and was built in 1936. The property's zip code is 90035 which is in Los Angeles, CA

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