526 W 82nd ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,804 sqft
Price per Sqft $243
MLS Listing ID 24455231
HOA Y/N No
Year Built 1931
Lot Size 0.428 Acres
Acres 0.4279
Property Description
First time on the market in 45 years. Huge 18,630 sq.ft. LOT. A fantastic value add opportunity for a savvy and seasoned investor. All one bedroom one bath units, approx. 650 plus sq.ft. (Buyer to verify). Potential to reach 9%+ CAP rate over time. Strategically located in the vibrant hub of South LA. Best deal on a per door basis. Capacity for over 90%+ in income growth with the possibility of adding ADUs. TOC-TIER1, subject to LARSO. Large development potential. Separately meter utilities. Buyer to do all due diligence including ADU and Development Potential. Sold "as-is, where-is". Laundry room own by seller. 10+ parking spots. Two units and all parking/storage spaces will be delivered vacant upon closing. Unit rental income is average for all units.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 10
Building
Story 1
Others
Tax ID 6032021019
Special Listing Condition Standard