1236 Hi Point Street, Los Angeles, CA 90035

$1,700,000 Approx. USD 4 beds, 2 baths
2,880 sqft

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Marketed By The Keaty Team

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Agent Remarks

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 Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 24385595

List price is $1,700,000 Reduced by $185,000 on 2/18/2025

Price: $1,700,000

Beds: 4

Baths: 2

Built in 1936

2,880 sqft

2 stories

0.15 acres