$1,600,000
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2504 Ocean View Avenue, Los Angeles, CA 90057

0 Beds
0 Baths
6,558 Sq Ft

We are pleased to present 2504 Ocean View Avenue, a charming 8-unit Spanish style value add apartment building located in MacArthur Park, one of Los Angeles' most historic neighborhoods. The building consists of two (2) studio/one-bathroom units and six (6) one-bedroom/one-bathroom units. Units feature spacious layouts with a lot of windows creating natural light, wood floors, front and back doors, large closets and kitchens with built-in nooks with booth seating (select units). Building features copper plumbing throughout (vertical/horizontal replaced within last 10 years), roofs replaced within last 10 years, individual waters heaters, separately metered for gas and electric. Built in 1923, the building is 6,558 square feet and sits on a 0.16 AC lot that is LAR4 zoned. This is a tremendous opportunity for a value add investor as current rents are approximately 34% under market. 2504 Ocean View Avenue has a Walk Score of 96 as it is in close proximity to trendy retail, restaurants and cafes on Wilshire Boulevard and 6th Street and is surrounded by hip neighborhoods such as Koreatown, Historic Filipinotown, Echo Park and Silverlake. The property is located approximately 1.5 miles from Downtown Los Angeles offering its residents easy local access to one of the largest job centers in all of Southern California. The property is also conveniently located near the 101, 110 and 10 freeways for quick access to Hollywood, Burbank, Glendale, Pasadena and the San Fernando Valley. The property is situated just 0.6 miles from the Westlake/MacArthur Park Metro Station which offers access to the Purple and Red Lines. While the Metro Purple Line currently provides access to Downtown Los Angeles, the Metro D Purple Line Extension, currently under construction, will provide rail access to Wilshire Boulevard and La Cienega Boulevard by 2024 and the Westwood VA Center by 2027. The Red Line provides access to Downtown Los Angeles to the west and North Hollywood to the north.

  • MLS# 22167895
  • Date Listed06/13/2022
  • Bedrooms 0
  • Bathrooms
  • Lot Size 0.16 acres (7,031 sq. ft)
  • County Los Angeles
  • Year Built 1923
  • Square Feet 6,558 sq. ft
  • Price Per Sq. Ft $243.98

Interior Features

  • Cooling Window/Wall Unit
  • Heating Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 7,030.58
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90057

Source: Walkscore

90/100

Walker's Paradise

Walk Score ®

85/100

Excellent Transit

Transit Score ®

57/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Some bike infrastructure.

Transit Summary

20 nearby routes: 18 bus, 2 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 66/100, Bike Score: 62/100.

Points of Interest near 2504 OCEAN VIEW Avenue, Los Angeles, CA 90057

Frequently Asked Questions for 2504 OCEAN VIEW Avenue

Source: Realty.com

2504 OCEAN VIEW Avenue, Los Angeles, CA 90057 is a Other, Residential Income property listed for $1,600,000 The property is 6558 sq. ft with 0 bedrooms and 0 bathrooms

Our records indicate that 2504 OCEAN VIEW Avenue was built in 1923.

The full address for this home is 2504 OCEAN VIEW Avenue, Los Angeles, CA 90057.

2504 OCEAN VIEW Avenue has been listed on Realty.com since Mon June 13, 2022

Daily errands do not require a car. Transit is convenient for most trips. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 66/100, Bike Score: 62/100.

There are 3 schools assigned to this home. Check out the schools near 2504 OCEAN VIEW Avenue. Charles White Elementary School (Grades: 1 - 5), Harold Mcalister High (opportunity) School (Grades: 7 - 12), Rise Kohyang High (Grades: 9 - 12)

Listing provided courtesy of: Marcus & Millichap (tel: 818-212-2700)
Listing agent: Matthew Ziegler (tel: 310-403-3325) (#CLW-C136045)

This content last refreshed on 2025-11-24 09:28:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 2504 OCEAN VIEW Avenue, Los Angeles, CA 90057 : MLS# 22167895