Active

650 S La Jolla Ave

Los Angeles CA, 90048

$4,850,000


$397.51 per sqft

Active

12 Beds

12 Baths

12,201 sqft

Multi-family

Built in 1928

650 S La Jolla Ave is a 12-unit multi-family apartment complex featuring 1,100 sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has completed two 1bd/1bth ADUs through a carport conversion and with the new AB1211 Law, an investor can add up to 6 more on the lot adding significant value. The building features a new exterior paint job, new 400amp main panel and switchgear, new electrical meters and upgraded sewer. The property has 4 carport spaces with one additional space for storage that can be leased. There are an additional 3-4 spaces on the surface lot. On the property there are 4 basement areas that house shutoff valves, central heating units and extra storage space. The property is conveniently situated near a variety of amenities, including popular restaurants and nightlife resulting in a high rental demand market making it a very appealing investment opportunity. Please do not disturb tenants, property occupied please call listing agent for details.

25-487787

MLS ID

January 22, 2025

Listed

January 23, 2025

Updated

Map

650 S La Jolla Ave
Los Angeles CA, 90048

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

12


Appliances

None


Laundry Description

In Unit


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Roof

Flat

Other Property Details

Area Name

Beverly Center-Miracle Mile


Days on Market

7


Garage

No


Parking

Carport


Parking Total

7


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Adam Kanizo with Paloma Realty Partners, Inc.
Listing Contact: 818-292-1346 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Adam Dehrey | CA DRE# 01989557 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/23/2025

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