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14,016 SqFt
$ 2,650,000
Est. payment | /mo
14,016 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,016 sqft
Price per Sqft $189
MLS Listing ID CRCV25179030
HOA Y/N No
Year Built 1963
Lot Size 0.427 Acres
Acres 0.43
Property Sub-Type Other
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
Zoning LAR3
Interior
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 6032024001
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Listed by Andres Diaz • KELLER WILLIAMS REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "