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Listed by: Jerome McAlpin (310) 437-4172 DRE #00939725 | McAlpin & Company (310) 437-4172
$1,795,000
17 Beds
- 7 Baths
5,234sqft
520 W 82Nd St, Los Angeles, CA 90044
$1,795,000
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Multi Family
Built in 1936
$-- HOA
9,317 sqft lot
$343/sq.ft
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 accep...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
5,234 sqft
Lot Size
9,317 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25587227
MLS Status
Active
Days on Market
103
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