526 W 82Nd Street, Los Angeles, CA 90044
-
Listed Price :
$1,900,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1931
Property Description
First time on the market in 45 years. Huge 18,630 sq.ft. LOT. A fantastic value add opportunity for a savvy and seasoned investor. All one bedroom one bath units, approx. 650 plus sq.ft. (Buyer to verify). Potential to reach 9%+ CAP rate over time. Strategically located in the vibrant hub of South LA. Best deal on a per door basis. Capacity for over 90%+ in income growth with the possibility of adding ADUs. TOC-TIER1, subject to LARSO. Large development potential. Separately meter utilities. Buyer to do all due diligence including ADU and Development Potential. Sold "as-is, where-is". Laundry room own by seller. 10+ parking spots. Two units and all parking/storage spaces will be delivered vacant upon closing. Unit rental income is average for all units.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
526 W 82Nd Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
George Morales DRE #01984555 |
| Co-Listing Agent |
Subscriber Non DRE #13252 |
| Courtesy Of |
Compass |
| List Price |
$1,900,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
18,638 |
| Year Built |
1931 |
Listing information courtesy of: George Morales, Subscriber Non, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 21st, 2024 at 10:02 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
