1272 Queen Anne, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
Loading property details...
1272 Queen Anne
Los Angeles, California 90019
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,798Sq Ft
6,278Lot Size
Property Price
LIST PRICE$1,095,000
EST. MARKET VALUE
$920,969
18% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,095,000—positioned well above the $920,970 Fair Market Value by 18%. While the pricing reflects its LARD1.5 Zoning and TOC Tier 3 development potential rather than current income, the vacant delivery allows for immediate project commencement. With a Condition Rating of 5, the aging 1952 infrastructure necessitates a comprehensive modernization. This asset is best suited for Buy-and-Hold Investors or Real Estate Developers focused on long-term density gains in the Mid-Wilshire market.
Estimated Market Value
$920,969
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1272 Queen Anne Subject | $1,095,000* List Price | 0 | 0 | 2,798 | $329 | - |
A 1438 S Bronson Avenue Sold | $947,000 | 0 | 0 | 2,889 | $328 | 0.4 mi |
B 1750 S Mansfield Avenue S Sold | $915,000 | 4 | 4 | 3,282 | $279 | 1.0 mi |
C 1666 La Fayette 4 Active | $1,400,000 List Price | 0 | 0 | 2,906 | $482 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 (>70 years old) with no mention of recent renovations. The presence of window AC units suggests dated electrical and HVAC systems. The listing focuses heavily on zoning (LARD1.5 and TOC Tier 3) and land opportunity, indicating the existing structure likely requires a full rehab or is a candidate for redevelopment.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Vacancy
The property is delivered fully vacant, a significant advantage in Los Angeles that allows the buyer to avoid tenant relocation complexities and immediately set market-rate rents or begin renovations.
- High Development Potential
Zoned LARD1.5 and located within a TOC Tier 3 area, the 6,278 SF lot offers substantial density bonuses and development incentives, making it an ideal candidate for a high-yield multi-unit project.
- Strategic Mid-Wilshire Location
Situated in the heart of Los Angeles, the property benefits from a high-demand rental market and central proximity to major employment hubs, transit, and urban amenities.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
With the original structure dating back to 1952, the property likely requires significant capital improvements or a full modernization of major systems to meet current building standards and tenant expectations.
- Land-Value Pricing
The list price reflects the property's development potential rather than its current income-producing capacity, which may result in a lower initial cap rate for traditional investors not looking to redevelop the site.
About 1272 Queen Anne
Amazing Location!! Now delivered vacant! Excellent opportunity to acquire a vacant triplex situated on an approximately 6,278 SF lot. Zoned LARD1.5 and located within a TOC Tier 3 area, the property offers a compelling opportunity in the heart of Los Angeles. Call your agent to make an appointment.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1952
- Lot Size
- 6,278 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,798 | 2,187.451 |
| Lot Size | 6,278 | 5,841.385 |
| Price | $1.09M | $841.5K |
| Price per sq ft | $391 | $385 |
| Built year | 1952 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 85 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,095,000
Initial Listing
Sold
May 30, 2025
$735,000
Public Record