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Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 4 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through, high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following written offer. P
Property Type(s):
Residential Income
| Last Updated | 9/22/2025 | Year Built | 1928 |
|---|---|---|---|
| Community | C19 - Beverly Center-Miracle Mile | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AREA | C19 - Beverly Center-Miracle Mile |
|---|---|
| GARAGE | Yes |
| HEAT | Electric |
| INTERIOR | Pantry, Walk-In Closet(s) |
| LOT | 6913 sq ft |
| PARKING | Carport, Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Spanish |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with Exp Commercial of California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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