tomo logo

$998,000

Beds
Unknown
sq ft
Unknown

821 W 62nd Pl, Los Angeles, CA 90044

821 W 62nd Pl

Los Angeles, CA 90044

  • 201 days on market
Pinnacle Real Estate Group is pleased to present a 5-unit investment property with substantial value-add potential. Location! Location! Location! Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and rapidly developing city of Inglewood. This 5 unit apartments perfect for either an investor or a first time home buyer who wants to live in one unit and rent the others out. This property comprises Four 1Bedroom/1Bath and one two-bedroom unit. Upon stabilizing at market rent levels, this asset can achieve a High CAP Rate . The building is 2194 square feet and sits on a 6930square-foot lot. This property is an exceptional investment opportunity. The major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles.

Details

Property type

Apartment

Lot size

6,930 sq ft

Price per sq ft

Unknown

Year built

1926

HOA

No

Price History

11/17/2024
CRMLS

CRMLS #WS24116816

Listed
$998,000
10/02/2024
CRMLS

CRMLS #WS24116816

Removed
$998,000
06/08/2024
CRMLS

CRMLS #WS24116816

Listed
$998,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Status: Active

Tomo last checked: 12/26/2024 at 11:20 AM

Listing updated: 12/04/2024 at 7:30 PM

Listed by: XIAO TU, Pinnacle Real Estate Group Phone #: (626) 888-9808

MLS: CRMLS #WS24116816

CRMLS logo

Recently listed in Los Angeles