Listing provided courtesy of Adam Kanizo of Paloma Realty Partners, Inc.. Last updated 2024-04-27 08:11:29.000000. Listing information © 2023 CRMLS.

Asking Price: $4,450,000

650 La Jolla, Los Angeles CA 90048

Community: ​C19 - Beverly Center-Miracle Mile

Status: Active

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This property was built in 1928 and is priced at $4,450,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372555789
  • Type:
  • Year Built: 1928
650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600