821 W 62nd Street, Los Angeles, CA 90044

  • $998,000
  • $455
821 W 62nd Street, Los Angeles, CA 90044
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1926
  • Year Built
For Sale
821 W 62nd Street, Los Angeles, CA 90044
  • $998,000
  • $455

Overview

Property ID: SGR-32897920
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1926
  • Year Built

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.

  • Address 821 W 62nd Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Area C37 - Metropolitan South
  • Country United States

Details

Updated on June 10, 2024 at 7:09 pm
  • Property ID: SGR-32897920
  • Price: $998,000
  • Land Area: 6930.00 m²
  • Garage: 1.00
  • Year Built: 1926
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2194.00
  • MLS#: WS24116816
  • Office Name: PINNACLE REAL ESTATE GROUP
  • Agent Name: XIAO TU
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01932283
  • IDX Contact Info: 626-510-7189

Additional details

  • View: City Lights
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 3.00
  • Water Source: Public

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