1457 W 52nd St - Apartments FOR SALE


Los Angeles, CA 90062- South Central LA
$1,039,000 USD
310-729-1559
1457 W 52nd St, Los Angeles, CA for Sale
$1,039,000 USD
Apartments - FOR SALE
1/8
null | 5.59% Cap Rate

1457 W 52nd St
Los Angeles, CA 90062
South Central LA


HIGHLIGHTS

  • The property sits on a spacious lot just under 6,000 SF and comprises of (4) 1 Bed-1 Bath units, with one unit delivered vacant
  • It offers a going-in cap rate of 5.59% and approximately 19% in rental upside
  • Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs
  • With one unit delivered Vacant at Close, this is an ideal opportunity for an owner/user
  • Property has a new roof installed in 2018, all copper plumbing and up to date electric breakers

OVERVIEW

1457 W 52nd Street is a 4-unit multifamily with one unit delivered VACANT at close of escrow. The property consists of two side-by-side duplexes on one lot with on-site parking, located in the heart of the Vermont Square neighborhood. One unit will be delivered tenant ready at close, creating immediate upside for lease-up or an ideal opportunity for an owner-user. Each unit is a fully renovated 1-Bed/1-Bath, offering modern finishes and updated systems. With a current cap rate of 5.59% and a 12.63 GRM, this asset offers a compelling blend of strong in-place cash flow and long-term value-add potential. Operating expenses are minimal, with tenants paying for trash, gas, and electricity, while the landlord is only responsible for water. Ideally located near USC, Downtown LA, and major transit corridors, this is a rare opportunity to acquire a stabilized, income-generating asset with both near-term upside and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,039,000 USD

PRICE/SF

$488 USD /SF

# OF UNITS

4

PRICE/UNIT

$259,750

CAP RATE

5.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1457 W 52nd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,972 SF

ZONING

R2

APN/PARCEL ID

5003-008-017

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.