1291 Queen Anne, Los Angeles, CA 90019

• 3,816 sqft

Property Description

Kirklen Investment Group proudly offers the opportunity to acquire 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 74% 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 Pla

Listing Status:

Active

Date Added:

February 5, 2026

Data Last Updated:

February 7, 2026 at 9:08PM

Listing Office:

Kirklen Investment Group : 949-942-1300

Listing Agent:

Paul Banke : 909-373-6071

MLS ID:

CROC26027318

Interior

• Laundry: Gas Dryer HookupOther

Exterior

• Parking: Assigned

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5082011010

Financial

• Source: CRMLS