$1,250,000
- Beds
- 15
- sq ft
- 5,195
840 W 52nd St, Los Angeles, CA 90037
840 W 52nd St
Los Angeles, CA 90037
- 138 days on market
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.
Details
Property type
Lot size
6,800 sq ft
Price per sq ft
$241
Year built
1965
HOA
No
Price History
05/06/2024
CLAW #24388361
Listed
$1,250,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/21/2024 at 1:35 AM
Listing updated: 09/10/2024 at 11:01 AM
Listed by: Sean Rosenzweig, Marcus & Millichap Phone #: (310) 909-5500
MLS: CLAW #24388361
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