840 52nd Street

Los Angeles, CA 90037

$1,250,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $240 / sqft

1965

calendar_month Built

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 840 52nd Street
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Sean Rosenzweig DRE#01406343
Courtesy Of Marcus & Millichap
MLS 24388361
List Price $1,250,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,800
Year Built 1965
DOM 8

Exterior Information

Maps

Listing information courtesy of: Sean Rosenzweig, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of May 14th, 2024 at 5:13 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.