1226 S Dunsmuir, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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Los Angeles, California 90019
This Turnkey Multi-Family Asset represents a High-Potential Investment Opportunity listed at $1,450,000, reflecting a stable valuation aligned with its $1,445,570 Fair Market Value. Boasting a Condition Rating of 2, the property features premium renovations and Ready-to-Issue (RTI) plans for two additional ADUs. Located within the Los Angeles Unified district and the strategic Mid-Wilshire location, this asset benefits from high rental demand and assumable financing options. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a scalable income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 S Dunsmuir Subject | $1,450,000* List Price | 0 | 0 | 2,290 | $631 | - |
A 1301 S Hudson Active Under Contract | $1,195,000 List Price | 4 | 3 | 1,839 | $650 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1937, this triplex has undergone an extensive and tasteful renovation, making it a turnkey property. The interiors feature modern kitchens with high-end stainless steel appliances, updated cabinetry, and stone countertops. Bathrooms have been fully modernized with contemporary tiling and fixtures. The property includes updated flooring, recessed lighting, and shows no signs of deferred maintenance, meeting the highest standards for current quality and aesthetic appeal.
The property includes Ready-to-Issue (RTI) plans to add two additional ADUs, allowing an investor to transform a triplex into a high-yield 5-unit income property.
Located in the vibrant Wilshire Vista pocket of Miracle Mile, the property offers excellent walkability to the Metro E Line, La Brea Tar Pits, and major employment hubs, ensuring high tenant retention.
The availability of assumable financing offers a rare and valuable opportunity for buyers to secure the property with potentially lower interest rates than current market offerings.
While plans are approved, the buyer must possess significant additional liquidity and construction expertise to fund and manage the development of the two new ADUs.
Originally constructed in 1937, the property may require higher long-term reserves for infrastructure maintenance and system upgrades typical of older Los Angeles multi-family assets.
Positioned in the vibrant Wilshire Vista pocket of Miracle Mile, 1226 S Dunsmuir Ave is a beautofil 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,290 | 2,788 | 45% |
| Lot Size | 7,044 | 6,098.5 | 80% |
| Price | $1.45M | $1.11M | 70% |
| Price per sq ft | $633 | $469 | 90% |
| Built year | 1937 | 1928 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 228 | 10% |
Feb 17, 2026
$1,450,000
Initial Listing
Jul 30, 2021
$1,250,000
Public Record