Residential Income Property with
For Sale
$1,250,000
340 62nd Street, Los Angeles, CA 90003
Residential income property featuring upgraded units and secured parking.
Property SizeContact for details
Days on Market512
Property Features for 340 62nd Street
General Information
Standard status
Active
Building Details
Year Built
1915
Listing Agency:
ELITE HOMES REALTY
Listed By:
TONY LEE
Source:
Corcoran
Added: Apr 22, 2025
Changed: Mar 16
Last Checked: Aug 30 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ELITE HOMES REALTY
Investment Insights
Based on property information with market context.
This corner property, with addresses at 340 W. 62nd St (house) and 6210 Grand Ave (4 units), is a well-maintained residential income property. The property features a secured gate and fences with lock access, ensuring privacy. A camera system monitors the common areas and parking areas, and the property is well-lit at night. The property includes a total of 10 parking spaces: 4 in the front and 6 in the back, with each unit allocated 2 parking spaces. All units consist of 2 bedrooms and 1 bath. Upgrades have been made to the house and 2 of the units.
Key Highlights
- Corner property featuring a house and a 4‑unit building, providing diverse rental income streams.
- Secured property with gated access, fences, and a camera system in common and parking areas.
- Ten parking spaces are available, with two spaces allocated to each unit.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,705
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential income property featuring upgraded units and secured parking.
Where is this apartment building located?
The property is located at 340 62nd Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Corner property featuring a house and a 4‑unit building, providing diverse rental income streams.; Secured property with gated access, fences, and a camera system in common and parking areas.; Ten parking spaces are available, with two spaces allocated to each unit.
