Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

844 West 52nd Street . South Los Angeles , CA 90037


Prime Income Opportunity! For sale 5 units plus one unit ADU potential Apartment building Los Angeles, Ca. For more information contact the listing agent, Armin Soleimani (310) 666-2246 arminsoleimani@gmail.com

Posted: 02/19/2022 4:33 pm | On HOMEiZ: 802 days | Updated: 8 months ago | Views: 1024 | Saved to favorites: 2

Location Map

Property Type

Off market

Property Price

$1750000
$1075000
03/21/2018
6,799.00 Sq. Ft.
$342
5110
2.5%
4.05%
$0
$70875
17.38
1.25%
$21875

Property Location & Description

Prime Income Opportunity! For sale 5 units plus one unit ADU potential Apartment building Los Angeles, Ca. For more information contact the listing agent, Armin Soleimani (310) 666-2246 arminsoleimani@gmail.com
Rent Control
This property is for the investor looking for a strong, safe position while still maintaining the opportunity for upside in monthly rents. 844 W 52nd St., is a hold property that will provide great financials to just about any portfolio. The property is nestled amongst other multi-family properties all the while being on a quiet street in a quaint South Los Angeles residential neighborhood. The property consists of 5 2-bedroom, 1 bath units that includes two gated points of entry in the front and rear.
Located near Vermont Square and the South Figueroa Corridor, this property offers investors the opportunity for a great marketing campaign in order to attract new tenants to this area. 844 W 52nd St., is central to the hustle and bustle of the Los Angeles area being located only 10 minutes south of Downtown. Though tenants have the opportunity to experience great food, entertainment, and nightlife in Downtown, the subject property is located in a quiet, residential neighborhood perfect for raising a family. Just across the street is 52nd St., Elementary School providing great convenience for families with elementary school children. The property is conveniently situated near the 110 freeway providing tenants easy access to major points of interest such as USC, the Coliseum, Exposition Park, and Banc of California Stadium.
5
$350000
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
2+1 
 
$1399
2.
 
 
 
3.
 
 
 
4.
 
 
 
5.
 
 
 
5001-003-011
100%
Wood & Stucco
2
1966
Good

Property Information

Sewer

Sewer System (Public)

Parking

Off-street
On-street
Assigned Parking
10

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
No
Yes
No
No

Neighborhood lifestyle

Urban Core

More information

MLS # 22-123829

Listing Info

Listing ID: 3060
Off market

For Sale

$1,750,000

Listing Presented by

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