$1,250,000
840 W 52nd ST Los Angeles, CA 90037
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,250,000
Est. payment /mo
15 Beds
6 Baths
5,195 SqFt
UPDATED:
10/23/2024 04:31 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,195 sqft
Price per Sqft $240
MLS Listing ID 24388361
Bedrooms 15
HOA Y/N No
Year Built 1965
Lot Size 6,799 Sqft
Acres 0.1561
Property Description
We are pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Fireplace No
Exterior
Garage None
Parking Type None
Total Parking Spaces 6
Building
Story 2
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5001003010
Special Listing Condition Standard
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Listed by Sean Rosenzweig • Marcus & Millichap