Homes for sale - 520 W 82nd ST, Los Angeles, CA 90044

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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 1,795,000

Est. payment | -/mo

17 Beds

7 Baths

5,234 SqFt

Save

$ 1,795,000

Est. payment | -/mo

Save

17 Beds

7 Baths

5,234 SqFt

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 one 1 bedroom 1 bath unit. 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

Listed by Jerome McAlpin McAlpin & Company

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA, 92101, USA

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