614 E 82nd ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90001
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25142450
HOA Y/N No
Year Built 1929
Lot Size 5,741 Sqft
Property Sub-Type Quadruplex
Property Description
614 E 82nd St contains (4) 1-Bed/1-Bath BUNGALOW STYLE UNITS! Located in the heart of Los Angles, the property contains approximately 55% in Rental Upside. This asset is ideal for any savvy investor to unlock the income potential which stabilizes at a 9.01% Cap Rate & 8.39 GRM! Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 614 E 82nd St is a unique value-add
opportunity in an extremely fast growing rental market of Los Angeles. Just minutes from the 110 fwy with easy access to
USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars
worth of development pouring into the neighborhood.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Fireplace No
Laundry None
Exterior
Parking Features Uncovered
Pool None
Community Features Street Lights,Sidewalks,Urban
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot,Front Yard,Street Level
Story 1
Entry Level One
Sewer Unknown
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6029016030
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae
Special Listing Condition Standard