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$ 1,700,000
Est. payment /mo
Active
1459 S Wooster ST Los Angeles, CA 90035
6 Beds
5 Baths
3,260 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,260 sqft
Price per Sqft $521
MLS Listing ID 25625183
Bedrooms 6
HOA Y/N No
Year Built 1930
Property Description
Located in the heart of Los Angeles' highly desirable Pico-Robertson neighborhood, 1459 S. Wooster Street offers investors an exceptional opportunity to acquire a well-positioned multifamily property in a strong LA submarket. The area's stable occupancy and consistent rent growth allow a new owner to create meaningful upside through targeted renovations and operational improvements. Longer term, the 6,500 SF [Q]R3-1-O zoned parcel presents a compelling redevelopment opportunity, benefiting from its inclusion in the City's Housing Element program, which allows for by-right multifamily construction and density bonus incentives. This combination of premier location, strong rental fundamentals, and future development flexibility makes 1459 S. Wooster a standout offering in one of Los Angeles' most resilient and supply-constrained submarkets. *Property can be delivered with two vacancies.*
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 3
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4303001029
Special Listing Condition Standard
Listed by Douglas Steinriede Dover Management Corp.