- $1.3M Price
- .21 Acres
- 507 DOM
1337 S Highland Avenue
The garden style asset, 1337 S. Highland Avenue, is comprised of two adjacent apartment buildings with a total of eight units situated in the diverse Mid City neighborhood of Los Angeles. The asset boasts eight tandem parking spaces located directly in front of the property. The unit mix consists of eight large, well-designed one-bedroom / one bathroom units that include outdoor space for added convenience and appeal.The low price per unit establishes a strong initial investment basis, making it attractive for buyers looking to maximize their return. Notably, the property has a significant potential upside in rents, indicating substantial room for income growth and increased profitability via bringing down operational expenditures. This property offers a compelling value add investment opportunity to new ownership. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID
Essential Information
- MLS® #24431375
- Price$1,250,000
- Bathrooms0.00
- Acres0.21
- Year Built1928
- TypeCommercial Sale
- StatusActive Under Contract
Community Information
- Address1337 S Highland Avenue
- AreaC18 - Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Interior
- # of Stories2
Exterior
- Lot DescriptionGarden, Irregular Lot
Additional Information
- Date ListedAugust 11th, 2024
- Days on Market507
- ZoningLAR3
Listing Details
- AgentDouglas Steinriede
- OfficeDover Management Corp.
Price Change History for 1337 S Highland Avenue, Los Angeles, (MLS® #24431375)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Douglas Steinriede, Dover Management Corp..
Based on information from California Regional Multiple Listing Service, Inc. as of January 12th, 2026 at 7:11pm PST. 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 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, 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.