Description
Historical Mid-City Spanish Revival compound awaits the astute builder or end-user to dream, reimagine and partially revitalize at least three out of 5 of the property's "vacant units" to its original luster or to opt to modify its design. A rare value-add opportunity for the talented "Big Picture" developer. Built in 1925, the main house, 2bed/1bath (4516 28th Ave.) is approximately 1,008 sq. ft. and faces north while each of the charming 4 (1bed/1bath) units offer approx. 848 sq. ft., affording tenants a spacious living area complete with washer/dryer hookups and both front and back doors. There are four garages and a small storage room on the property. Located in a strong rental market area and available for sale for the first time in 60 years, this property (two structures) is being sold "As-Is.," and sits on an approx. 6,552 sq. ft. corner lot. A fabulous neighborhood with proximity to LAX, downtown Los Angeles, Santa Monica, (10 Fwy), Culver City, Beverly Hills, West Adams, and an abundance of diverse culinary options from farmers markets to Whole Foods, Normandie Bakery (Authentic French), posh restaurants, and some of L.A.'s most popular street food vendors.
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6BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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4,402SQFT
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$346$/SQFT
School Ratings & Info
Description
Historical Mid-City Spanish Revival compound awaits the astute builder or end-user to dream, reimagine and partially revitalize at least three out of 5 of the property's "vacant units" to its original luster or to opt to modify its design. A rare value-add opportunity for the talented "Big Picture" developer. Built in 1925, the main house, 2bed/1bath (4516 28th Ave.) is approximately 1,008 sq. ft. and faces north while each of the charming 4 (1bed/1bath) units offer approx. 848 sq. ft., affording tenants a spacious living area complete with washer/dryer hookups and both front and back doors. There are four garages and a small storage room on the property. Located in a strong rental market area and available for sale for the first time in 60 years, this property (two structures) is being sold "As-Is.," and sits on an approx. 6,552 sq. ft. corner lot. A fabulous neighborhood with proximity to LAX, downtown Los Angeles, Santa Monica, (10 Fwy), Culver City, Beverly Hills, West Adams, and an abundance of diverse culinary options from farmers markets to Whole Foods, Normandie Bakery (Authentic French), posh restaurants, and some of L.A.'s most popular street food vendors.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T14:37:34.047. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.