840 W 52Nd Street

Los Angeles, CA 90037

$1,250,000

List Price

15

bed Beds

6

shower Baths

5,195 sqft

straighten / 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.

Listing Information

List Price $1,250,000
Status Active Under Contract
MLS 24388361
Type Residential Income
Year Built 1965
Lot Size 6,800
Structure Size 5,195
DOM 170
Courtesy Of Marcus & Millichap
Listing Agent Sean Rosenzweig DRE#01406343

Interior Features

Total Bedroom
Bedrooms 15
Total Bathroom
Bathrooms 6

Exterior Information

Maps

Listing information courtesy of: Sean Rosenzweig, Marcus & Millichap 213-943-1897. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 4:31 PM 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.