Los Angeles, CA 90001,612 E 82nd ST #1
Los Angeles, CA 90001,612 E 82nd ST #1
Los Angeles, CA 90001,612 E 82nd ST #1
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$724,999
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5,741 Sqft Lot
New

612 E 82nd ST #1 Los Angeles, CA 90001

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25193467

HOA Y/N No

Year Built 1929

Lot Size 5,741 Sqft

Property Sub-Type Quadruplex

Property Description

612 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

Lease Land No


CRMLS – RECore
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
agent
Kurt Galitski

Broker Associate | License ID: 01348644

+1(714) 957-6677 | kurt@kurtrealestate.com

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612 E 82nd ST #1