$2,275,000
SOLD AUG 18, 2025
12 Beds
6 Baths
6,726 Sq Ft
9,626 Sq Ft Lot

Recently Sold

$338 Per Sq Ft

1% Below List Price

1 Day on Market

About This Home

As of August 2025

Discover an immaculate and rare investment opportunity in the heart of Miracle Mile, one of Los Angeles' most vibrant and architecturally rich neighborhoods. This beautifully maintained 6-unit apartment building, built in 1947, showcases timeless Art Deco charm while offering updated interiors and strong income potential. Each of the six units features spacious 2-bedroom, 1-bathroom layouts, all exceeding 1,000 square feet. The apartments are thoughtfully updated to meet modern expectations, including refreshed kitchens, hardwood floors, and contemporary fixtures while retaining the building's historic character through original moldings, arched doorways, and period details. This perfect blend of old and new enhances tenant appeal and long-term desirability. The building boasts a total living area of 6,726 square feet, situated on a 9,622 square foot lot, offering ample space and comfort. With LAR3 zoning, the property supports multi-family residential use, and may present value-add opportunities for future development, expansion, or ADU additions (buyer to verify). A private driveway and rear parking area further increase its functionality.

Last Agent to Sell the Property

Morgan McMullin

Keller Williams Beverly Hills License #01716570 Listed on: 07/14/2025

Keller Williams Beverly Hills

Last Buyer's Agent

Emad Halaby

Redfin Corporation License #01944476

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,626 Sq Ft Lot

Home Design

  • Art Deco Architecture

Interior Spaces

  • 6,726 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5085-008-038

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Art Deco
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6726
  • Lot Acreage: 0.2210
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 341.21

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 28.99
  • Assessed Improvement Value: 603637
  • Assessed Land Percent: 71.01
  • Assessed Land Value: 1478915
  • Total Assessed Value: 2082552
  • Assessor Parcel Number: 5085-008-038
  • Lot Size Area: 9626

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.79
  • Number Of Units: 6
  • Total Annual Expense: 62653
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0%

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Sold $2,275,000 -0.9% $338 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $2,295,000 +0.9% $341 / Sq Ft
06/14/2025 06/14/25 Off Market $2,275,000 -- --
05/20/2025 05/20/25 For Sale $2,295,000 +33.0% $341 / Sq Ft
01/08/2013 01/08/13 Sold $1,725,000 -3.9% $256 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $1,795,000 -- $267 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25541169

The MLS