$2,650,000
For Sale

601 W 82nd Street

Los Angeles, CA 90044
0.43 acres | #CV25179030
Listing OfficeKELLER WILLIAMS REALTY
Browse 15 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

601 W. 82nd Street is a 20-unit apartment building located at 601 W. 82nd Street in South Los Angeles. Situated on 18,603 square feet of land, the property consists of a one, two-story building boasting two (2) one-bedroom units and eighteen (18) two-bedroom units.
The property was constructed in 1963 using wood frames and stucco construction. It has been under the same ownership group for the last forty (40) years. While the units have been kept in good condition over the years, there is an opportunity to untap 70% rental upside through turnover of the existing units and achieving market rents. The units are separately metered for gas and electricity, and the landlord pays for the water. The building requires the tuck-under parking to be retrofitted. The seller has not started the process.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,650,000
      • MLS #CV25179030
      • MLS #CV25179030
      • Property SubtypeApartment
      • Cost2650000
      • Acres0.4271
      • Utility SourcePublic
      • Year Built1963
      • Stories2

Location

Gary ElminoufiReal Estate Group
OR

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