526 W 82nd Street, Los Angeles, CA 90044 (MLS # 24455231)

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PRICE $1,900,000 dsIDX morgage calculator
SIZE 7,804 sqft
LOT SIZE 18,640 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 10/21/2024
YEAR BUILT 1931 COMMUNITY Metropolitan Southwest
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Metropolitan Southwest
HOA DUES 0
LOT 0.43 acre(s)
STORIES 1
ZONING LAR3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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