See all 3 photos
3 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,999,000
Est. payment /mo
21,812 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 21,812 sqft
Price per Sqft $229
MLS Listing ID CL25566405
HOA Y/N No
Year Built 1925
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6004025031
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jocelyn Guardado • Compass
_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."
CONTACT US