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$ 2,650,000
Est. payment | /mo
3 Beds
2 Baths
$ 2,650,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25179030
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
601 W. 82nd Street is a 20-unit apartment building located at 601 W. 82nd Street in South Los Angeles. Situated on 18,603 square feet of land, the property consists of a one, two-story building boasting two (2) one-bedroom units and eighteen (18) two-bedroom units. The property was constructed in 1963 using wood frames and stucco construction. It has been under the same ownership group for the last forty (40) years. While the units have been kept in good condition over the years, there is an opportunity to untap 70% rental upside through turnover of the existing units and achieving market rents. The units are separately metered for gas and electricity, and the landlord pays for the water. The building requires the tuck-under parking to be retrofitted. The seller has not started the process.
Location
State CA
County Los Angeles
Zoning Assessor
Direction between Figueroa Street & Hoover STreet
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6032024001
Listed by Andres Diaz KELLER WILLIAMS REALTY
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Olivia Dunham
REALTOR® | Lic# DRE 01856517