505 W 62nd Street

Los Angeles, CA 90044

  • 18 Bed(s)
  • 0 Bath(s)
  • 21,812 Sqft
  • 13504
    Sqft(Lot)
$4,999,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50447602

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Property Details

  • Bedroom Information

    • Total Bedrooms : 18

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning

  • Building Information

    • Year Built: 1925
    • Building Area Total: 21,812

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.31
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 13504

  • Listing Price Information

    • Original List Price: 4,999,000
    • Listing Contract Date: 2025-07-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6004025031

  • Garage and Parking

    • Garage Description: On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Postal Code Plus 4: 5425
    • Directions: From Gage southbound head west. Turn left onto Hoover St, then a right on 62nd Street.
    • Zoning: LAC2
    • Source Property Type: Residential Income
    • Area: C42 - Downtown L.A.

    Building and Construction

    • Property Age: 100
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 21812
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/27/2025 @ 03:22

  • MLS: 25566405
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 18 bedrooms which is for sale, it has 21,812 sqft, 13,504 sized lot, and 0 parking. are nearby neighborhoods.