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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.*

Overview

Property Status
Sold
Lot Size
6,503 Sq.Ft.
MLS ID
25625183
Property Type
Multi-Family
Year Built
1930

Features & Amenities

Neighborhood
Pico-Robertson
Parking
Driveway
Heat Type
Wall
Air Conditioning
Ceiling Fan
Appliances
Ceiling Fan
Sales Price
$1,712,500
Zoning
LAR3

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1459 S Wooster St

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for your interest in 1459 S Wooster St, Los Angeles, CA 90035

1459 S Wooster St
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    License #02036690

    (310) 280-6417
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