821 W 62nd Street Active

Los Angeles,CA 90044

$ 998000

- Bed

0 Bath

2194 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,194 sqft

Price per Sqft $454

MLS Listing ID CRWS24116816

Year Built 1926

Lot Size 6,930 Sqft

Property Description

Pinnacle Real Estate Group is pleased to present a 5-unit investment property with substantial value-add potential. Location! Location! Location! Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and rapidly developing city of Inglewood. This 5 unit apartments perfect for either an investor or a first time home buyer who wants to live in one unit and rent the others out. This property comprises Four 1Bedroom/1Bath and one two-bedroom unit. Upon stabilizing at market rent levels, this asset can achieve a High CAP Rate . The building is 2194 square feet and sits on a 6930square-foot lot. This property is an exceptional investment opportunity. The major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles.

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Laundry No Hookups

Exterior

View Y/N true

View City Lights

Building

Sewer Public Sewer

Water Public

New Construction No

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