Los Angeles, CA 90037,840 W 52nd St
Los Angeles, CA 90037,840 W 52nd St
Los Angeles, CA 90037,840 W 52nd St
$1,025,000
Est. payment /mo
$1,250,000
18.0%
Est.Price: ?

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15 Beds
6 Baths
5,195 SqFt
SOLD DATE : 11/06/2024

Key Details

Sold Price $1,025,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,195 sqft

Price per Sqft $197

MLS Listing ID 24-388361

Sold Date 11/06/24

Bedrooms 15

Year Built 1965

Lot Size 6,800 Sqft

Acres 0.1562

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 Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage None

Garage Spaces 6.0

Building

Story 2

Level or Stories Two, Multi/Split

Others

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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