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$ 769,000
Est. payment | /mo
4 Beds
4 Baths
5,742 Sqft Lot
$ 769,000
Est. payment | /mo
4 Beds
4 Baths
5,742 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25046654
Bedrooms 4
HOA Y/N No
Lot Size 5,742 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for any savvy investor to unlock the income potential. 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, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located 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.
612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for any savvy investor to unlock the income potential. 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, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located 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.
612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for any savvy investor to unlock the income potential. 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, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located 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 Los Angeles (90001)
Zoning Assessor
Building
Story 1
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $1,200
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10550 Craftsman Way #184, San Diego, California, 92127, USA