Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 units that each showcase their own two bedrooms and full bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City.
111 days
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141
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13
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Zillow last checked:
Listing updated:
Listed by:
Suzanne AbolhosseiniDRE #02047620949-344-5131,
Innovate Realty, Inc.,
TUSTON SERLDRE #01979533949-478-1010,
Innovate Realty, Inc.
Source: CRMLS,MLS#: LG26074807Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 7
Heating
None
Cooling
None
Appliances
Laundry: Inside
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 4,924
Total interior livable area: 4,924 sqft
Property
Parking
Total spaces: 9
Parking features: Driveway, Garage, One Space
Garage spaces: 3
Uncovered spaces: 6
Features
Levels: Two
Stories: 2
Entry location: Front, Back
Pool features: None
Spa features: None
Has view: Yes
View description: Neighborhood
Lot
Size: 10,327 Square Feet
Features: Front Yard
Details
Parcel number: 5520009005
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
New construction: No
Year built: 1922
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Sidewalks
Location
Region: Los Angeles
Financial & listing details
Price per square foot: $305/sqft
Tax assessed value: $1,300,700
Annual tax amount: $16,674
Date on market: 4/13/2026
Cumulative days on market: 111 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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