$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 #WS24116816
Listed
$998,000
10/02/2024
CRMLS #WS24116816
Removed
$998,000
06/08/2024
CRMLS #WS24116816
Listed
$998,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Street Lights
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
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