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.
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Data last updated 1/23/2025