538 W 82nd ST, Los Angeles, CA 90044
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$1,550,000
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9,317 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26835109

HOA Y/N No

Year Built 1962

Lot Size 9,317 Sqft

Property Description

Tremendous Upside Opportunity with 5 Units to be delivered Vacant at the Close of Escrow. Excellent Unit Mix (7) 2 Bedrooms and 1 Bath and (2) 1 Bedrooms and 1 Bath. Pro-Forma NOI is $113,866, 7.35% Cap Rate, and 9.87 GRM, with currently 3 empty and leased up at market rents.5 Vacant Units (#1, #2, #3, #5, #7) at Close of Escrow, if requested by Buyer.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Fireplace No

Laundry Laundry Room

Exterior

Community Features Gated

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 12

Building

Lot Description Back Yard, Front Yard

Story 2

Others

Tax ID 6032021020

Security Features Gated Community,Window Bars

Special Listing Condition Standard


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Listed by Juan Jay Martinez Kidder Mathews of California, Inc. #01367663

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Paul Swack

Paul Swack

Team Leader I Broker Associate | License ID: 02032510

+1(805) 441-4281

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538 W 82nd ST