$1,200,000
1291 Queen Anne
Los Angeles, CA, 90019
Property Description
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 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 Place represents an attractive opportunity in a premier central Los Angeles location.
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 Place represents an attractive opportunity in a premier central Los Angeles location.
Property Details
Price:
$1,200,000
MLS #:
OC26027318
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699notdefined
Listed Date:
Feb 5, 2026
Total Sq Ft:
3,816
Lot Size:
7,012 sqft / 0.16 acres (approx)
Year Built:
1922
Schools
Interior
Laundry Features
GE, WH
Exterior
Common Walls
_2CW
Community Features
SDW, STM, SL, CRB
Garage Spaces
4
Parking Spots
7
Parking Total
7
Financial
Maintenance Fee
$5,615
Taxes
$14,993
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Courtesy of Kirklen Investment Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1291 Queen Anne
Los Angeles, CA
