505 W 62nd Street Active

Los Angeles,CA 90044

$ 4999000

- Bed

0 Bath

21812 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 21,812 sqft

Price per Sqft $229

MLS Listing ID CL25566405

Year Built 1925

Lot Size 0.310 Acres

Property Sub-Type Other

Property Description

Rare opportunity to own a charming early 20th- century brick building in the heart of Los Angeles! 505 W. 62nd St. features classic Beaux- Arts- inspired architecture with original brickwork, tall industrial windows, and spacious commercial- style units. Situated on a wide street lined with iconic palm trees, this property captures the authentic vintage character of old LA. Currently generating strong rental income with a high cap rate and upside potential, this asset is ideal for investors seeking stable cash flow with value-add opportunities. Zoned for mixed-use with flexible layout options, the building offers creative potential for live/work conversions, artist studios, or modernized commercial spaces. Conveniently located near major freeways (110 & 105), public transit, and minutes from DTLA, USC, and the Coliseum. Don't miss your chance to own a piece of LA history while maximizing your returns in a rapidly evolving neighborhood.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Cooling None

Building

New Construction No

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