30
See all 30 photos
$998,000
Est. payment /mo
2,194 SqFt
Active
821 W 62nd Street Los Angeles, CA 90044
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UPDATED:
11/17/2024 04:03 PM
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
HOA Y/N No
Year Built 1926
Lot Size 6,930 Sqft
Acres 0.16
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
Fireplace No
Laundry No Hookups
Exterior
View Y/N true
View City Lights
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6004012011
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by XIAO TU • Pinnacle Real Estate Group
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289