204-206 W 52nd Pl - Apartments FOR SALE


Los Angeles, CA 90037- Vernon-Main
$1,190,000 USD
310-729-1559
204-206 W 52nd Pl, Los Angeles, CA for Sale
$1,190,000 USD
Apartments - FOR SALE
1/11
null | 7.27% Cap Rate

204-206 W 52nd Pl
Los Angeles, CA 90037
Vernon-Main


OVERVIEW

204 W 52nd Pl is a fully renovated 4-unit property located in one of Los Angeles’ fastest-growing neighborhoods. The property features an ideal unit mix: two (2) 1-bed/1-bath units, one (1) 3-bed/2-bath unit, and one (1) 4-bed/2-bath unit. Perfect for both owner-users and investors, this asset offers strong in-place cash flow with one unit delivered tenant ready—ideal for an owner-occupant looking to offset their mortgage by renting out the other units. Current rents average approximately $2,500/month per unit, positioning this as one of the highest income-producing 4-plexes in the area. With a going-in cap rate of 7.27%, this is a true cash-flowing asset with proven rental performance. Just minutes from USC, Downtown LA, SoFi Stadium, and major new developments, the property sits in a high-growth submarket with strong tenant demand and significant upside potential. Don’t miss this opportunity to own a high-yield, turnkey property in a rapidly transforming neighborhood.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$351 USD /SF

# OF UNITS

4

PRICE/UNIT

$297,500

CAP RATE

7.27%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,443 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

5110-032-020

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 Policy.