Listing provided courtesy of Jocelyn Guardado of Compass. Last updated 2025-08-09 08:11:40.000000. Listing information © 2025 Sandicor.
Asking Price: $4,999,000 |
505 62nd, Los Angeles CA 90044
Community: C42 - Downtown L.A.
This property was built in 1925 and is priced at $4,999,000. Please see the additional details below.
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.