$1,700,000

1459 S Wooster Street, Los Angeles, CA 90035

3,260 sqft

other
Built in 1930
6,534sqft lot
—— car garage
$521/sqft
Listed 2 months ago

Property Description

Located in the heart of Los Angeles' highly desirable Pico-Robertson neighborhood, 1459 S. Wooster Street offers investors an exceptional opportunity to acquire a well-positioned multifamily property in a strong LA submarket. The area's stable occupancy and consistent rent growth allow a new owner to create meaningful upside through targeted renovations and operational improvements. Longer term, the 6,500 SF [Q]R3-1-O zoned parcel presents a compelling redevelopment opportunity, benefiting from its inclusion in the City's Housing Element program, which allows for by-right multifamily construction and density bonus incentives. This combination of premier location, strong rental fundamentals, and future development flexibility makes 1459 S. Wooster a standout offering in one of Los Angeles' most resilient and supply-constrained submarkets. *Property can be delivered with two vacancies.*

Listing Status:: Active
Date Added:: December 3, 2025
Data Last Updated:: February 15, 2026 at 8:07PM
Listing Office:: Dover Management Corp. : 818-843-5200
Listing Agent:: Douglas Steinriede : 818-843-5200
MLS ID:: CL25625183

Heating: Wall Furnace

Parking: Other

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAR34303001029

Source: CRMLS

This listing courtesy of Douglas Steinriede , Dover Management Corp.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Canfield Avenue Elementary School

9233 Airdrome St, Los Angeles, CA, 90035

Grades KG-5

0.45 miles away

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.90 miles away

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.