520 W 82nd ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,234 sqft
Price per Sqft $342
MLS Listing ID 25587227
Bedrooms 17
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1936
Lot Size 9,317 Sqft
Property Description
The subject property is a 7-unit apartment complex located in the South Los Angeles submarket. It consists of four 3-bedroom - 1 bath units, two 2-bedroom 1 bath units and two 1 bedroom 1 bath units. The complex was renovated in 2020, with new plumbing, electrical, roof, kitchens and bathrooms. The building is capable of producing over $19,000 when fully occupied. There are currently 3 vacancies, which can be rented out to Section 8 tenants for maximum value. There are plans and permits for an ADU which the Buyer can utilize to complete the project. At 7.8 GRM and 8.2% CAP, this is an excellent investment that will produce over 10% cash on cash return. Shown with accepted offer only. Please do not walk on property or disturb tenants.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Laminate,Tile
Fireplace No
Appliance Disposal
Exterior
Parking Features Assigned,Controlled Entrance,Covered,Door-Single,Garage,Garage Door Opener
View Y/N No
View None
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 6032021018
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard