Beverly Center-Miracle Mile (C19) Homes with Mixed Use Subtype

Welcome to the vibrant neighborhood of Beverly Center-Miracle Mile, a dynamic enclave nestled in the heart of Los Angeles, California. Known for its eclectic blend of cultural landmarks, upscale shopping, and culinary delights, this area is a true gem in the City of Angels.

Beverly Center-Miracle Mile boasts a rich history and a diverse community, making it an attractive destination for both residents and visitors alike. The region is home to iconic institutions such as the Los Angeles County Museum of Art (LACMA) and the La Brea Tar Pits, providing a unique backdrop of art and history that enhances everyday living. With an array of boutiques, galleries, and trendy eateries, residents can enjoy a lifestyle that seamlessly blends leisure and sophistication.

For those looking to invest in real estate, the homes in this area often feature a mixed-use subtype, offering an exceptional opportunity for both personal and commercial ventures. These properties not only provide comfortable living spaces but also the potential for retail or office use, allowing owners to capitalize on the bustling environment. Imagine living just steps away from your favorite coffee shop or boutique, all while enjoying the convenience of a dynamic urban lifestyle.

With its prime location, rich cultural tapestry, and diverse housing options, Beverly Center-Miracle Mile is more than just a place to live—it's a way of life. Whether you're a first-time homebuyer or an experienced investor, this neighborhood offers an unparalleled blend of opportunity and charm that’s hard to resist. Come explore the possibilities that await you in this enchanting corner of Los Angeles!

Newest Beverly Center-Miracle Mile (C19) Homes with Mixed Use Subtype

$1,350,000

26844715PS MLS ⋅ Active Status

Exceptional Mid-Wilshire Development Opportunity to acquire approx 4,725 SF site in the heart of Mid-Wilshire Beverly Center-Miracle Mile. Located within a TOC Tier area and zoned LAR3/C1, the property offers potential access to density bonuses, parking reductions, and development incentives for multifamily and mixed-use projects. The versatile property features a large open-air ground-floor area and supports a wide range of potential uses, including multifamily residential, mixed-use, live/work, office, retail, and residential-commercial development. Residential projects are generally developed under R3 standards, creating an attractive framework for higher-density development. Ideally situated near the Miracle Mile, the property is just minutes from LACMA, the Academy Museum, Petersen Automotive Museum, La Brea Tar Pits, The Grove, Original Farmers Market, Koreatown, Beverly Hills, Culver City, and the Metro D Line Extension, with convenient access to the 10 Freeway. Surrounded by ongoing redevelopment and investment throughout Mid-Wilshire, this strategically located site offers exceptional long-term growth potential in one of Los Angeles' most desirable urban neighborhoods. Seller intends to complete a Section 1031 Tax-Deferred Exchange. Buyer agrees to cooperate with Seller's exchange at no additional cost or liability to Buyer.

1273 S Cochran Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.