Closed
120 S Avenue 64
Los Angeles CA, 90042
$2,872,698
$657.22 per sqft
Closed
5 Beds
6 Baths
4,371 sqft
Residential
Built in 1900
Listed by Marisa Tranquilli with Keller Williams Larchmont 323-762-2600
Extraordinary Investment Opportunity for Thrilling Mixed-Use Ownership with Limitless Potential. Brace yourself for this captivating Victorian treasure, meticulously reenergized and reimagined by acclaimed interior designer Joshua Cain. Tucked within the vibrant Highland Park HPOZ, a hub buzzing with LA's trendiest retail hotspots. Among the six existing units, the ground floor hosts 2 radiant commercial spaces, tailor-made for bustling retail activity or a dynamic office setup. Currently home to a thriving medi spa and a hair salon, this area is a playground for innovation, ready to accommodate legal practices, art studios, boutique ventures, and beyond. As if that's not enough, there are four rental units that can remain residential or turned into office space. This meticulously refurbished late 19th-century gem beckons both daring owner-occupiers and astute investors to seize an extraordinary opportunity in the coveted Highland Park scene. With an investment of approximately $1.5 million, this restoration project has infused the property with unparalleled value and quality. As mentioned this property boasts two dynamic commercial units. Coupled with these are four residential apartments: two inviting studio bedroom units, and two airy three-bedroom units which can be used as a 30 day+ Airbnb immediately. A triumphant transformation has revitalized these residential units, breathing new life into their very core. All units can be delivered vacant at COE. Additionally, commercial tenants and occupants of the studio-bedroom units are open to staying after COE, adding more appeal to this amazing investment. The adjacent parking lot address 116 S. Ave. 64, APN - 5492036032 is included in this sale.
24348293
MLSⓇ ID
January 15, 2024
Listed
May 9, 2024
Updated
Map
120 S Avenue 64
Los Angeles CA, 90042
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
6
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Victorian
Sewer
Other
Other Property Details
Area Name
632 - Highland Park
Days on Market
2
Garage
No
Parking
Uncovered
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
5/3/2024 | Sold | $2,872,698 |
1/18/2024 | Pending | — |
Listing Contact: 323-762-2600
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 3:36 PM UTC