CA > Los Angeles
Los Angeles, CA 90044,520 W 82nd ST
Los Angeles, CA 90044,520 W 82nd ST
Los Angeles, CA 90044,520 W 82nd ST
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Alex Ortega

Alex Ortega

+1(619) 454-3903
$ 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 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

CRMLS – RECore
Listed by Jerome McAlpin McAlpin & Company
Alex Ortega

+1(619) 454-3903

alex@theortegateam.com

900 Lane Ave, Chula Vista, CA, 91914-3503, USA

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520 W 82nd ST