Los Angeles, CA 90037,840 W 52nd ST
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Los Angeles, CA 90037,840 W 52nd ST
Los Angeles, CA 90037,840 W 52nd ST

$1,025,000

Est. payment /mo

$1,250,000

18.0%
Est.Price: ?

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840 W 52nd ST Los Angeles, CA 90037

15 Beds

6 Baths

5,195 SqFt

SOLD DATE : 11/06/2024

Key Details

Sold Price $1,025,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,195 sqft

Price per Sqft $197

MLS Listing ID 24388361

Sold Date 11/06/24

Bedrooms 15

HOA Y/N No

Year Built 1965

Lot Size 6,799 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Interior

Fireplace No

Exterior

Garage None

Total Parking Spaces 6

Building

Story 2

Entry Level Two,Multi/Split

Level or Stories Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5001003010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sean Rosenzweig • Marcus & Millichap
Bought with Sean Rosenzweig • Marcus & Millichap

Marine Hajibekian

Agent | License ID: 01953014

+1(323) 333-2844

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