627 W 82nd St Active

Los Angeles,CA 90044

$ 1150000

11 Beds

5 Baths

3505 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,505 sqft

Price per Sqft $328

MLS Listing ID 25541557

Bedrooms 11

Year Built 1924

Annual Tax Amount $12,187

Lot Size 9,302 Sqft

Property Sub-Type Multi-Family

Property Description

Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.55% Pro-Forma Cap Rate & 8.27 Pro-Forma GRM | 5.41% Current Cap Rate & 11.28 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 $230,000 Per Unit & $328 Per SF

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 5.0

Building

Story 2

Others

Special Listing Condition Standard

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