CA > Los Angeles
Los Angeles, CA 90044,821 W 62nd Street
Los Angeles, CA 90044,821 W 62nd Street
Los Angeles, CA 90044,821 W 62nd Street
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$998,000
Est. payment /mo
6,930 Sqft Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS24116816

HOA Y/N No

Year Built 1926

Lot Size 6,930 Sqft

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LARD2

Interior

Interior Features All Bedrooms Down

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned, On Street

Garage Spaces 1.0

Garage Description 1.0

Fence Wrought Iron

Pool None

Community Features Street Lights

View Y/N Yes

View City Lights

Total Parking Spaces 3

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Bungalow

New Construction No

Others

Senior Community No

Tax ID 6004012011

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by XIAO TU • Pinnacle Real Estate Group • 626-510-7189

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