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Listed by: Paul Banke (909) 373-6071 DRE #02113308 | Kirklen Investment Group (949) 942-1300
$1,200,000
Monthly Est:$5,973
4 Beds
3 Baths
3,816sqft
1291 Queen Anne, Los Angeles, CA 90019
$1,200,000
$5,973/moEst:
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Apartment
Built in 1922
$-- HOA
7,012 sqft lot
$314/sq.ft
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 65% 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.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 23, 2026 at 4:14 pm
- Source: California Regional MLS-CA | MLS#: OC26027318
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
3,816 sqft
Lot Size
7,012 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26027318
MLS Status
Active
Days on Market
254
Cumulative Days on Market
230
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Laundry Features
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Parking Features
Assigned
Water Source
Public
Other Features
Tenant Pays
Electricity, Gas
Lot Features
Six To Ten Units Acre
Community Features
Curbs, Storm Drains, Street Lights, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
05/04/2026 Source: | Price Decreased | $1,200,000 -2.04% $314/sqft |
03/23/2026 Source: | Price Decreased | $1,225,000 -2.00% $321/sqft |
02/05/2026 Source: | Price Increased | $1,250,000 +4.17% $328/sqft |
02/05/2026 Source: | Listed for Sale | $1,200,000 $314/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 12:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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