1522 S Point View Street, Los Angeles, California 90035, Los Angeles, 90035 - 5 bed, 4 bath
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Los Angeles, California 90035
This Versatile Multi-Unit Residential Property is listed at $1,995,000, representing a stable valuation for a turnkey asset positioned near its $1,914,432 Fair Market Value. Boasting a Mint Condition Rating following recent extensive updates, the property features a remodeled main home and two income-generating units producing a 5.5% cap rate. The 8,499 sqft oversized lot is a rarity in the Pico-Robertson area, offering future development potential. Served by the Los Angeles Unified School District near top-rated schools, this estate is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1522 S Point View Street Subject | $1,995,000* List Price | 5 | 4 | 3,454 | $554 | - |
A 1042 Hi Point Street Active | $1,595,000 List Price | 6 | 4 | 3,340 | $478 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1930, the property has been recently and thoroughly remodeled within the last 5 years. The interior features a modern open-concept kitchen with updated cabinetry and appliances, renovated bathrooms, and well-maintained hardwood flooring, meeting the criteria for mint condition.
The property features a remodeled main house plus two additional units above the garage, currently generating a 5.5% cap rate, making it an ideal opportunity for investors or owner-users seeking rental income.
At nearly 8,500 square feet, the lot size is significantly larger than typical offerings in the Pico-Robertson neighborhood, providing rare outdoor space and potential for further development or ADU expansion.
The flexible layout accommodates a variety of lifestyles, including multi-generational living, a home office/creative studio setup, or a traditional multi-unit investment property in a high-demand location.
While some nearby schools are highly rated, the assigned local high school and certain elementary options have lower ratings, which may be a consideration for families prioritizing public education.
With three separate living units sharing a single lot and driveway, managing privacy and parking coordination among multiple tenants or occupants could present ongoing logistical challenges.
Recently remodeled and thoughtfully updated, this versatile property in the highly coveted Pico-Robertson area offers a rare combination of lifestyle and income potential. Set on a generous lot, rarely found in this neighborhood, the property is currently configured with a beautifully renovated 3 bed, 2 bath main residence featuring an open floor plan and abundant natural light, along with two oversized 1 bed, 2 bath units above the garage, each with a spacious living area and private entrance. Whether used as a single family home with separate guest houses, generational living, a home office, creative space, or as an income producing property, the layout offers exceptional flexibility. Currently generating a 5.5% cap rate, the property presents a compelling opportunity for both owner-users and investors, with potential to further maximize the lot by adding additional units.With ample driveway and garage parking and a prime Pico-Robertson location just moments from Beverly Hills, Century City, and the 10 freeway, this is a rare opportunity offering flexibility, functionality, and long term value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 3,454 | 2,364.5 | 77% |
| Lot Size | 8,499 | 6,456 | 93% |
| Price | $2.00M | $2.46M | 40% |
| Price per sq ft | $578 | $1.0K | 7% |
| Built year | 1930 | 1934 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 135 | 20% |
Apr 14, 2026
$1,995,000
Initial Listing
Aug 3, 2010
$715,007
Public Record