505 W 62nd Street, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
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:81 day(s) ago
- Updated:October 01, 2025 at 02:20 AM
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
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