627 W 82nd Street
Los Angeles, CA 90044
3505 sqft | 11 beds | 0.21 acres | #25541557
Description
Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 10.29% Pro-Forma Cap Rate & 7.01 Pro-Forma GRM | 6.60% Current Cap Rate & 9.56 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $195,000 Per Unit & $278 Per SF
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$975,000
- MLS #25541557
- MLS #25541557
- Acres0.2135
- Cost975000
- Square Feet3505
- Year Built1924
- Bedrooms11
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jonathan Nikfarjam (#CLW-C100141)
Listing Office: Shield CRE, Inc. (#CLW-X82383)
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