520 W 82nd St - Apartments FOR SALE


Los Angeles, CA 90044- South Central LA
$1,650,000 USD
310-259-7556
520 W 82nd St, Los Angeles, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/48
null | 8.89% Cap Rate

520 W 82nd St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • 4 separate buildings
  • High cash-flowing asset
  • 2020: New Roof, plumbing, electrical
  • All units fully renovated and (2) vacancies in rent ready condition
  • RTI plans for a Jr ADU (8th unit)
  • 6 garages

OVERVIEW

We are pleased to present this high-cash-flow asset in Vermont Knolls! Seven units are spread across four separate buildings on a huge 9,317-square-foot lot. The property has six single-car garages, along with RTI plans for a junior ADU that would create an eighth unit. Its unmatched unit mix is always in high demand, making this property perfect for a passive-income investor seeking minimal overhead. All major systems were renovated in 2020, including a new roof, copper plumbing, and new electrical. Two units are currently vacant and rent-ready, allowing you to handpick your new tenants. Do not miss out on this turnkey, Spanish-style income generator!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$315 USD /SF

# OF UNITS

7

PRICE/UNIT

$235,714

CAP RATE

8.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,317 SF

ZONING

LAR3

APN/PARCEL ID

6032-021-018

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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