1236 Hi Point Street

Los Angeles, CA 90035

$1,885,000

List Price

4

bed Beds

2

shower Baths

2,880 sqft

straighten / sqft

1936

calendar_month Built

Property Description

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.

Listing Information

List Price $1,885,000
Status Active
MLS 24385595
Type Residential Income
Year Built 1936
Lot Size 6,522
Structure Size 2,880
DOM 169
Courtesy Of Coldwell Banker Realty
Listing Agent Samantha Binah DRE#02062681

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 2
Flooring Information
Material Wood
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Samantha Binah, Coldwell Banker Realty 310-457-6550. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 15th, 2024 at 7:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.