1228 S Dunsmuir Ave, Los Angeles, CA for sale

Investment Overview

Beautiful Mid Wilshire Triplex on a Large 7042 Sq Lot With assumable financing and approved plans for 2 More ADUs while maintaining parking on site. Positioned in the vibrant Wilshire Vista pocket of Miracle Mile, 1226 S Dunsmuir Ave is a beautiful three-unit that shows exceptionally well for only at $1,450,000—with prime potential for RTI ADUs to expand into a 5-unit income producing cash cow. 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, plus RTI plans for a top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADU to supercharge income and scale. Walkable to La Brea Tar Pits, Koreatown hotspots, and Metro E Line transit, this prime location locks in strong tenant retention and rental growth near Mid-Wilshire's retail corridor, Beverly Grove, and Culver City. Delivering immediate Opportunity, 1226 S Dunsmuir offers turnkey cash flow with transformative ADU potential.

Investment Highlights

• - Offered at a competitive $633/ RSF
• - 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