1268 Queen Anne Pl Los Angeles, CA 90019
Rehabbed 6-unit property with approved ADU permits in Los Angeles.
Property Features for 1268 Queen Anne Pl
General Information
- Standard status
- Active
Source:
Cbre
Listing Agent: Brice W. Head, Mba
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Rehabbed 6-Unit with ADU Permits
This property features six units with approved plans and permits for a 1,200 sq. ft. 3-bed, 2-bath ADU above the existing detached garages. Located between Miracle Mile and Oxford Square, the property has been lovingly rehabbed. The owner has updated the facade and landscaping, and tastefully rehabbed four of the six units with stone surfaces, new fixtures, floors, cabinetry, and crown molding. New HVAC units, dual-pane windows, and new electrical meters and subpanels have been installed. The approved ADU addition will increase the monthly gross rental income. Rehabbing the remaining two units and building out the ADU offers further growth potential. The property is located across the street from Queen Anne Park and Recreation Center, which includes a meeting area, gym, playgrounds, picnic tables, soccer fields, baseball diamond, and tennis courts. The ADU addition does not reduce existing parking.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.33205
- Latitude
- 34.04953
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FAQs
What type of property is this?
Apartment building - Rehabbed 6-unit property with approved ADU permits in Los Angeles.
Where is this apartment building located?
The property is located at 1268 Queen Anne Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: - Approved Plans and Permits (RTI) for a large 3 Bed/2 Bath ADU (1,200 sq. ft.) without losing existing parking, increasing monthly gross rental income by 25%.; - New electrical meters and subpanels installed.; - Four of six units have been extensively and tastefully rehabbed with stone surfaces, new fixtures, floors, cabinetry & crown molding.
