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$2,995,000
4 Beds ⋅ 4 Baths ⋅ 26832155 MLS ⋅ Active Under Contract Status
6501 Whitworth Drive is a 1934 compound in historic South Carthay, by renowned builder Spyros G. Ponty. This almost 3000 sq. ft. property features a rare corner lot exceeding 9,600 square feet unusual for the Miracle Mile. The estate includes a detached garage with a dedicated workspace, a standalone versatile pool bungalow, and a large swimming pool and spa. Covered by the Mills Act, the property provides substantial and ongoing property tax reductions for the homeowner. The entire residence has been meticulously maintained over the decades, ensuring its original architectural integrity, vintage layout, and classic design elements remain completely intact. As part of the National Register of HIstoric Places as well as the South Carthay HPOZ, this fine property offers an investment opportunity by combining classic architectural design with financial benefits through its Mills Act tax status. The oversized lot functions as a private residential compound, offering versatile spaces for creative home offices, or guest accommodations in the heart of Los Angeles. Located on a prominent corner lot, the home provides private outdoor entertaining spaces centered around the large pool while maintaining proximity to local transportation hubs, cultural landmarks, dining, and shopping. 6501 Whitworth Drive represents a rare real estate offering that pairs a verified historic provenance with modern utility and long-term tax preservation benefits.

6501 Whitworth Drive, Los Angeles
$1,350,000
26846279PS 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

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.