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.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$4,999,000
Days On Site
7 Days
Bedrooms
18
Inside Area (SqFt)
21,812 sqft
Total Baths
16
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.31 Acres
Year Built
1925
MLS® Number
25566405
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
7 days ago
Listing updated with changes from the MLS®
a week ago
Status changed to Active
a week ago
Listing first seen on site
General Features
Acres
0.31
Number Of Stories
2
Parking
On Street
Special Circumstances
Standard
SqFt Total
21812
Stories
Two
Zoning
LAC2
Save
Ask
Tour
Hide
Share
Community Features
MLS Area
C42 - Downtown L.A.
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. The 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.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.