821 W 62Nd Street
Los Angeles, CA 90044
Active for $998,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,930 sqft
| MLS | WS24116816 |
| Year Built | 1926 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $998,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,930 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Pinnacle Real Estate Group is pleased to present a 5-unit investment property with substantial value-add potential. Location! Location! Location! Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and rapidly developing city of Inglewood. This 5 unit apartments perfect for either an investor or a first time home buyer who wants to live in one unit and rent the others out. This property comprises Four 1Bedroom/1Bath and one two-bedroom unit. Upon stabilizing at market rent levels, this asset can achieve a High CAP Rate . The building is 2194 square feet and sits on a 6930square-foot lot. This property is an exceptional investment opportunity. The major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles.
Listing information courtesy of: XIAO TU, Pinnacle Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Mariam Marabyan
REALTOR®
Direct: 818.968.9777
Email: Email Me
DRE: 01721521
DRE #01873088
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