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.
For sale
Price cut: $500K (10/29)
$4,499,000
505 W 62nd St, Los Angeles, CA 90044
18beds
16baths
21,812sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
Spacious commercial-style unitsTall industrial windowsOriginal brickwork
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