1236 Hi Point Street, Los Angeles, CA 90035

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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.


Interior Features

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

Listing Information

Address 1236 Hi Point Street
City Los Angeles
State CA
Zip 90035
County Los Angeles
Listing Agent Samantha Binah DRE #02062681
Courtesy Of Coldwell Banker Realty
List Price $1,885,000
Status Active
Type Residential Income
Structure Size 2,880
Lot Size 6,522
Year Built 1936

Listing information courtesy of: Samantha Binah, Coldwell Banker Realty. *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.