840 West 52nd Street Los Angeles, CA $ 1,250,000
840 West 52nd Street
$ 1,250,000
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840 West 52nd Street

Los Angeles, CA, 90037
$ 1,250,000
Baths0.0 Sq 5,195

Monthly Estimate*

$ 8,308

840 West 52nd Street, Los Angeles, CA 90037 - Image 1
840 West 52nd Street, Los Angeles, CA 90037 - Image 2
840 West 52nd Street, Los Angeles, CA 90037 - Image 3
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,250,000. This 5,195 square foot home was built in 1965 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1965

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024388361

Features
General
Sewer None
Zoning LAR2
Year Built 1965
Levels Multi/Split Two
County Los Angeles
Net Operating Income 66852.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C34 - Los Angeles SW
Lot Size Square Feet 6800.0
Street Name 52nd
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Lot Size Area 6800.0
Building Area Total 5195.0
Lot Size Acres 0.16
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
Sean Rosenzweig

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$8,308
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,250,000 Listed Price

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840 West 52nd Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,250,000 with 5,195 sqft and a lot size of 0.16. 840 West 52nd Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 90037 which is in Los Angeles, CA