Samimi CRE Advisors
    Listings/1228 S Dunsmuir Ave
    1228 S Dunsmuir Ave - Photo 1
    multifamilyActive Listing

    1228 S Dunsmuir Ave

    Los Angeles, CA 90019

    Valuation

    $1,450,000

    Key Specifications

    Total Units

    3

    multifamily

    Year Built

    1937

    Heritage Asset

    Interior

    2,290 SF

    $633 / SF

    Lot Area

    7,042 SF

    Unit Mix

    multifamily

    1x 1-Bed/1-Bath, 2x 2-Bed/1-Bath

    Investment Highlights

    Unlock potential with ADUs to generate a healthy Sub 7% CAP
    Approved Plans – Top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADUs to transform into a 5-units
    Strong Three-Unit Mix - (2) 2-bed/1-bath and (1) 1-bed/1-bath units across 2,290 SF of well-maintained building with High-End Remodels.
    Prime Location – Steps to La Brea Tar Pits, Koreatown dining, Metro E Line, and Mid-Wilshire retail corridor

    Property Overview

    Positioned in the vibrant Wilshire Vista pocket of Miracle Mile, 1228 S Dunsmuir Ave is a beautiful three-unit property offering exceptional value at $1,450,000. This tastefully renovated 1937-built property spans 2,290 SF on a spacious 7,042 SF lot, delivering cash flow from a solid mix of (2) 2-bed/1-bath and (1) 1-bed/1-bath units. The property also includes RTI plans for a top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADU to supercharge income and scale, transforming it into a 5-unit income-producing asset. The property benefits from assumable financing and approved plans for 2 additional ADUs while maintaining on-site parking. This immediate opportunity offers turnkey cash flow with transformative ADU potential, making it an attractive investment. Its prime location is walkable to La Brea Tar Pits, Koreatown hotspots, and Metro E Line transit, ensuring strong tenant retention and rental growth. The property is near Mid-Wilshire's retail corridor, Beverly Grove, and Culver City, enhancing its appeal.