Los Angeles, CA 90037 840 W 52nd Street

840 W 52Nd Street Los Angeles, Ca - Image 1840 W 52Nd Street Los Angeles, Ca - Image 2
Presented By: Sean Rosenzweig with Marcus & Millichap;
  • MLS# 24388361
  • 05/06/2024
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  • BedBeds • 15
  • BathBaths • 6
  • FootageSQFT • 5,195

Home Details

We are pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 840 W 52nd Street

Bedrooms

Total Bedrooms15

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixStreet
Total Stories2

General for 840 W 52nd Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.35
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market8
DirectionsWest of 110 Freeway & North of Slauson Avenue
Garage Y/NNo
Gross Income115394.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo, MultiSplit
Lot Size Square Feet6800.0
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income66852.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name52nd
Total Units5
View Y/NNo
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningLAR2

Exterior for 840 W 52nd Street

Building Area Total5195.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1561
Lot Size Area6800.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,250,000
MLS#24388361
List Date 05/06/2024
Property Type Multi-Family
Phone 714.964.3311
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