1236 Hi Point St Los Angeles, CA 90035
Carthay NeighborhoodEstimated payment $10,711/month
Highlights
- Wood Flooring
- Balcony
- Ceiling Fan
- Carthay Center Elementary School Rated 9+
About This Home
Welcome to 1236 Hi Point, a great investment/development opportunity, located in the Carthay Square Historic District. This 2 unit property with 2 bed, 1 bath each, comes with stamped plans for an ADU (Accessory Dwelling Unit) behind the main building. This offers an excellent opportunity for additional income or flexible living arrangements and presents many possibilities for the savvy investor. Whether you're looking to live in one unit and rent out the other, or plan a renovation project there is great potential. The property is situated in the vibrant Beverly Center-Miracle Mile area, a stone's throw from Beverly Hills. The location offers convenience and modern living, with superb dining, shopping, and entertainment hot spots nearby, including The Beverly Center and The Grove. The property is also near top schools, lush parks like La Cienega, and premier medical facilities including Kaiser West LA. Current rents are below market rate and both units are on month to month lease. The 2 garages that can be reached by the alleyway are the location for the approved ADU. Photos are of the upper unit.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,849
Year Built
- Built in 1936
Lot Details
- 6,522 Sq Ft Lot
- Property is zoned LAR2
Interior Spaces
- 2,880 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Flooring
Kitchen
- Oven or Range
- Freezer
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Covered Parking
Outdoor Features
- Balcony
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 5087-027-018
Community Details
Overview
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,849 | $1,650,963 | $1,059,740 | $591,223 |
| 2024 | $19,849 | $1,618,592 | $1,038,961 | $579,631 |
| 2023 | $19,467 | $1,586,856 | $1,018,590 | $568,266 |
| 2022 | $18,565 | $1,555,742 | $998,618 | $557,124 |
| 2021 | $18,332 | $1,525,238 | $979,038 | $546,200 |
| 2019 | $17,196 | $1,430,000 | $900,000 | $530,000 |
| 2018 | $1,929 | $142,087 | $65,561 | $76,526 |
| 2016 | $1,815 | $136,571 | $63,016 | $73,555 |
| 2015 | $1,791 | $134,521 | $62,070 | $72,451 |
| 2014 | $1,811 | $131,887 | $60,855 | $71,032 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 02/17/2025 02/17/25 | Price Changed | $1,700,000 | -9.8% | $590 / Sq Ft |
| 04/29/2024 04/29/24 | For Sale | $1,885,000 | -- | $655 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Provident Title Company | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional | |
| Closed | $370,000 | New Conventional | |
| Closed | $150,000 | New Conventional |
Source: The MLS
MLS Number: 24-385595
APN: 5087-027-018
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