15
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$724,999
Est. payment /mo
4 Beds
4 Baths
5,742 Sqft Lot
New
614 E 82nd Street Los Angeles, CA 90001
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25142450
Bedrooms 4
HOA Y/N No
Lot Size 5,742 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
614 E 82nd St contains (4) 1-Bed/1-Bath BUNGALOW STYLE UNITS! Located in the heart of Los Angles, the property contains approximately 55% in Rental Upside. This asset is ideal for any savvy investor to unlock the income potential which stabilizes at a 9.01% Cap Rate & 8.39 GRM! Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 614 E 82nd St is a unique value-add opportunity in an extremely fast growing rental market of Los Angeles. Just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
614 E 82nd St contains (4) 1-Bed/1-Bath BUNGALOW STYLE UNITS! Located in the heart of Los Angles, the property contains approximately 55% in Rental Upside. This asset is ideal for any savvy investor to unlock the income potential which stabilizes at a 9.01% Cap Rate & 8.39 GRM! Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 614 E 82nd St is a unique value-add opportunity in an extremely fast growing rental market of Los Angeles. Just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
614 E 82nd St contains (4) 1-Bed/1-Bath BUNGALOW STYLE UNITS! Located in the heart of Los Angles, the property contains approximately 55% in Rental Upside. This asset is ideal for any savvy investor to unlock the income potential which stabilizes at a 9.01% Cap Rate & 8.39 GRM! Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 614 E 82nd St is a unique value-add opportunity in an extremely fast growing rental market of Los Angeles. Just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
Location
State CA
County Los Angeles
Area Los Angeles (90001)
Zoning Assessor
Building
Lot Description Corner Lot, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $35
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $1,200
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Michael Padilla • Lyon Stahl Investment Real Estate, Inc.