CA > Los Angeles
Los Angeles, CA 90048,650 S La Jolla Ave
Los Angeles, CA 90048,650 S La Jolla Ave
Los Angeles, CA 90048,650 S La Jolla Ave
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$4,850,000
Est. payment /mo
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12 BD
12 BA
12,201 SqFt
Active

650 S La Jolla Ave Los Angeles, CA 90048

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Jill Miranda

Jill Miranda

+1(619) 248-1431

UPDATED:

01/23/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,201 sqft

Price per Sqft $397

MLS Listing ID 25-487787

Bedrooms 12

Construction Status Updated/Remodeled

Year Built 1928

Lot Size 0.287 Acres

Acres 0.2871

Property Sub-Type Multi-Family

Property Description

650 S La Jolla Ave is a 12-unit multi-family apartment complex featuring 1,100 sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has completed two 1bd/1bth ADUs through a carport conversion and with the new AB1211 Law, an investor can add up to 6 more on the lot adding significant value. The building features a new exterior paint job, new 400amp main panel and switchgear, new electrical meters and upgraded sewer. The property has 4 carport spaces with one additional space for storage that can be leased. There are an additional 3-4 spaces on the surface lot. On the property there are 4 basement areas that house shutoff valves, central heating units and extra storage space. The property is conveniently situated near a variety of amenities, including popular restaurants and nightlife resulting in a high rental demand market making it a very appealing investment opportunity. Please do not disturb tenants, property occupied please call listing agent for details.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling None

Equipment None

Laundry In Unit

Exterior

Parking Features Carport

Garage Spaces 7.0

Roof Type Flat

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Paloma Realty Partners, Inc.

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Jill Miranda

Agent | License ID: 01413799

+1(619) 248-1431

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650 S La Jolla Ave

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