538 W 82nd Street

Los Angeles, CA 90044

  • 0 Bed(s)
  • 0 Bath(s)
  • 7,591 Sqft
  • 9319
    Sqft(Lot)
$1,750,000

Description

We are pleased to present 538 w 82nd st, a 9-unit property located in the heart of los angeles with 5 vacant units. operating at a 7.11% cap and an 9.18 grm on current rents (with the vacant units re-rented at market rates) with potential upside to a 11.36% cap and a 6.31 grm on pro-forma rents, this building provides a buyer with the ability to achieve a high-cash flow. the property consists of two-story building constructed in 1962 with a strong unit mix of 7 two-bedroom units and 2 one-bedroom units, with three 2-bedroom units and 2 1-bedroom units delivered vacant and rent ready. the property also features 9 onsite parking spaces with (4) carport spaces, providing potential for an adu(s) conversion, as well as 5 uncovered spaces in the rear. this opportunity offers easy freeway access as it is situated just west and in close proximity to 110 freeway as well as popeyes, tam’s burgers #34, jack in the box, tacos el guero #1, domino’s pizza, kfc, mcdonald’s, subway and a number of other tenant amenities and conveniences.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48450620

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1962
    • Building Area Total: 7,591

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2139
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9319

  • Listing Price Information

    • Original List Price: 1,750,000
    • Listing Contract Date: 2025-01-28

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6032021020

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: North on S Figueroa, West on 82nd St
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 63
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/31/2025 @ 06:56

  • MLS: SB25020176
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 7,591 sqft, 9,319 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90044, this Los Angeles County Home are nearby neighborhoods.