534 Casanova St - Apartments FOR SALE


Los Angeles, CA 90012- Chinatown
$975,000 USD
310-482-0173
534 Casanova St, Los Angeles, CA for Sale
$975,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

534 Casanova St
Los Angeles, CA 90012
Chinatown


OVERVIEW

Located in the heart of historic Solano Canyon, this enchanting c.1909 duplex offers a rare blend of character, privacy, and future potential in one of Los Angeles' most storied hillside neighborhoods. Set back from the street on a generous lot, the home is surrounded by private gardens, creating a peaceful retreat just moments from the energy of the city. The property features two spacious units, each offering a large kitchen, living room, bedroom, full bath, mudroom, washer/dryer hookups, and a private deck. Recent upgrades include all-new energy-efficient windows, a newly enclosed sunroom, and four newly added mini-split systems, and plumbing, providing modern comfort while preserving the home's historic charm. Each unit also includes approximately 400 square feet of private basement storage, or potential for an ADU. Outdoor amenities include a gated front yard, multi-level garden spaces, a sizable backyard with alley access, and two highly coveted parking spaces. Elevated positioning allows for views of Downtown Los Angeles, enhancing both livability and long-term value. Situated within a top-rated Blue Ribbon school district, the property is ideally located near Chinatown, Dodger Stadium, Elysian Park, and beloved Eastside destinations, offering effortless access to dining, culture, recreation, and major commuter routes. Whether you choose to live in one unit and rent the other or capitalize on the approved plans for a small lot subdivision featuring three architect-designed townhomes by Richard Corsini, this is a truly special opportunity in a historically rich enclave, that qualifies for grant assistance and has strong upside potential.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$807 USD /SF

# OF UNITS

2

PRICE/UNIT

$487,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,449 SF

ZONING

LARD2

APN/PARCEL ID

5414-024-021

ASK ABOUT THIS PROPERTY

Richard SchulmanKW AdvisorsMore Info
310-482-0173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Richard SchulmanKW AdvisorsMore Info
310-482-0173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.