Los Angeles, CA 90044,601 W 82nd ST
Los Angeles, CA 90044,601 W 82nd ST
Los Angeles, CA 90044,601 W 82nd ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,650,000
Est. payment /mo
0.43 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25179030

HOA Y/N No

Year Built 1963

Lot Size 0.427 Acres

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6032024001

Energy Description 9000.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


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CRMLS – RECore
Listed by Andres Diaz KELLER WILLIAMS REALTY 323-376-2469

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