About this home

Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 total units, with potential for 10 units. Five of the current units showcase two bedrooms and one full bathroom while two of the units are made up of one bedroom and one bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City. Digitally altered conceptual renderings in supplements. Improvements shown are not included in the purchase price.

Facts and features

Schools

• Alexandria Avenue Elementary School

  elementary · K-5 · 0.2 mi

  8

• Virgil Middle School

  middle · 6-8 · 0.5 mi

  7

• Belmont Senior High School

  high · 9-12 · 2.3 mi

  3

• Beverly Christian Academy, Inc.

  elementary · K · 0.6 mi

• Harvard Elementary School

  elementary · K-5 · 0.5 mi

  6

• Dayton Heights Elementary School

  elementary · K-5 · 0.5 mi

  6

Price history

• Oct 17, 2026 · Listed$1,399,000
• Oct 17, 2026 · Listing Removed—
• Apr 14, 2026 · Listed$1,500,000
• Jan 12, 2026 · Listing Removed—
• Sep 12, 2025 · Price Changed$1,595,000
• Jul 25, 2025 · Listed$1,695,000
• Mar 26, 2022 · Listing Removed—
• Jan 31, 2022 · Relisted$999,000

Tax history

• 2025$16,674 tax · $1,484,000 assessed
• 2024$16,434 tax · $1,300,500 assessed
• 2023$23,371 tax · $1,853,340 assessed
• 2022$22,315 tax · $1,817,000 assessed
• 2021$22,292 tax · $1,803,492 assessed
• 2020$22,525 tax · $1,785,000 assessed
• 2019$21,653 tax · $1,750,000 assessed
• 2018$14,785 tax · $1,161,908 assessed

Where it is