1291 Queen Anne, Los Angeles, CA 90019
Local realty services provided by:ERA Excel Realty
1291 Queen Anne,Los Angeles, CA 90019
$1,200,000
- - Beds
- - Baths
- 3,816 sq. ft.
- Multi-family
- Active
Listed by: paul banke
Office: kirklen investment group949-942-1300
MLS#:OC26027318
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$314.47
About this home
Presenting 1291 Queen Anne Place, a 5-unit multifamily investment property located in the highly desirable Mid-Wilshire submarket of Los Angeles. Built in 1922/1928, the subject property offers a diverse unit mix comprised of (2) two-bedroom/one-bathroom units and (3) one-bedroom/one-bathroom units while sitting on a optimal sized 7,010 square foot lot.
1291 Queen Anne Place also offers residents units with washer and dryer hook ups and ample on-site parking featuring (3) open parking spaces and (4) garage parking spaces. Ideally positioned adjacent to the affluent Miracle Mile neighborhood, the property benefits from proximity to premier employment centers, retail corridors, dining, and entertainment.
1291 Queen Anne Place provides an attractive opportunity for a new owner to implement a value-add strategy through interior renovations and the repositioning of current rents, which are 65% below the market rate. Additionally, the existing garage parking configuration provides an opportunity to capitalize on California’s ADU-friendly legislation through potential garage to ADU conversions.
With a combination of strong in-place cash flow, significant upside through modernization, and ADU expansion potential, 1291 Queen Anne Place represents an attractive opportunity in a premier central Los Angeles location....
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Home facts
- Year built:1922
- Listing ID #:OC26027318
- Added:237 day(s) ago
- Updated:October 01, 2026 at 12:04 PM
Rooms and interior
- Living area:3,816 sq. ft.
Structure and exterior
- Year built:1922
- Building area:3,816 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$314.47
- Tax amount:$14,993
Parking
- Total parking spaces:7
- Parking description:Assigned
- Garage:Yes
- Garage spaces:4
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