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$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

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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