505 W 62nd Street, Los Angeles, CA 90044

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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505 W 62nd Street,Los Angeles, CA 90044
$4,999,000
  • 18 Beds
  • 16 Baths
  • 21,812 sq. ft.
  • Multi-family
  • Active
Listed by:jocelyn guardado
Office:compass
MLS#:25566405
Source:CRMLS

Price summary

  • Price:$4,999,000
  • Price per sq. ft.:$229.19

About this home

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.

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Home facts

  • Year built:1925
  • Listing Id #:25566405
  • Added:32 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:21,812 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:21,812 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$4,999,000
  • Price per sq. ft.:$229.19
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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