$ 1,675,000
-
$1,675,000
Price -
18
Bed -
9
Bath -
5,234
SqFt
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About the Listing CLW-X70382 - CLW-X11292
Attention Savvy Investors: Immediate Cash Flow + EVEN MORE Value-Add Potential! 4 separate Buildings on huge R3 lot ( over 9300 sq ft ) with 6 Garages. This fully rehabbed multi-unit building in the heart of Los Angeles offers serious income potential with a pro forma 10.4 % CAP rate and 7.3 GRM!!!!! . Perfect for savvy investors seeking strong returns with minimal upfront hassle. Property Highlights: Fully renovated in 2020: new roof, plumbing, electrical, kitchens, and bathrooms****** choose your own tenants! Currently 7 units - with potential to add a JADU (8th unit ) --- Appproved plans and Permits to convert existing space to add an additional unit to add even more income ++++projected rent of $2100/Month ***Potential to add on-site laundry and rent out garages for additional income***Experienced professional property management in place and can stay on post-sale **** Location: Prime Los Angeles central, in-demand, and ideal for long-term appreciation. //Value-Add Opportunities: 1) Build out the 8th unit with minimal steps (pans and permits already approved!) 2) Add laundry room for added tenant convenience and additional revenue- 3) Lease out garages separately for bonus monthly cash flow-
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
26669427
Year Built
2020
Total Square Footage
5,234
Lot/Acreage
0.21
County
Los Angeles
Interior Details
- Bedrooms: 18
- Bathrooms: 9 Full
- Appliances: Disposal
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Controlled Entrance,Covered,Door-Single,Garage,Garage Door Opener
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6032021018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
520 W 82nd St Los Angeles, CA 90044
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