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

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