840 W 52nd Street, Los Angeles, CA 90037
- $1,250,000
- $241
- $1,250,000
- $241
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 59% 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.
Address
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Address: 840 W 52nd Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90037
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Area: C34 - Los Angeles Southwest
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Country: United States
Details
Updated on May 9, 2024 at 8:42 am-
Property ID SGR-31533600
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Price $1,250,000
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Property Size 5195.00 m²
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Land Area 6800.00 m²
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Bedrooms 15
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Bathrooms 5
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Year Built 1965
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Property Type Residential Income
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Property Status For Sale
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Living Area 5195.00
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MLS# 24388361
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Office Name MARCUS & MILLICHAP
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Agent Name Sean Rosenzweig
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01406343
Additional details
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County Los Angeles
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Parking 6.00
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