Pending
630 S Dunsmuir Ave
Los Angeles CA, 90036
$2,425,000
$321.45 per sqft
Pending
8 Beds
8 Baths
7,544 sqft
Multi-family
Built in 1930
TO BE SOLD TOGETHER WITH ADJACENT 8-UNIT PROPERTY AT 624 S DUNSMUIR AVE, 16 UNITS TOTAL FOR $4,850,000....624 & 630 S Dunsmuir Ave are two side-by-side 8-unit buildings in the Miracle Mile neighborhood in Los Angeles. These beautiful Spanish-style buildings boast a combined 15,088 square feet, with each building comprising 7,544 square feet. The properties feature spacious 1-bedroom, 1-bathroom units with offices, averaging 943 square feet each. The are currently 7 vacancies available across the two buildings. The charming architecture, large bright units, and hardwood floors throughout add to the allure & charm of these properties. The buildings are master-metered for all utilities, and all of the occupied units are eligible for 6% rent increases from day one after purchase. Additionally, there is an on-site laundry room in the basement of 630 Dunsmuir Ave, which is shared between the tenants of both buildings. There are also 14 uncovered parking spaces in the back of the lots. Lastly, the plumbing across both buildings has been partially replaced with copper piping. This is a rare opportunity as these properties are on the market for the first time in 50+ years. The buildings sit on separate R4 parcels totaling 15,597 SqFt of land and must be purchased together.
24-425561
MLSⓇ ID
August 8, 2024
Listed
October 2, 2024
Updated
Map
630 S Dunsmuir Ave
Los Angeles CA, 90036
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
None
Laundry Description
Community
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.18 Acres
Other Property Details
Area Name
Beverly Center-Miracle Mile
Days on Market
49
Garage
No
Parking
Uncovered
Parking Total
7
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR4
Listing History
Date | Event | Price |
---|---|---|
9/24/2024 | Pending | — |
8/25/2024 | Price change | $2,425,000 -6% |
Listed by Jake Glaser with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-230-5157
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 Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024