Property Details
About this Property
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.
MLS Listing Information
MLS #
CRWS24116816
MLS Source
California Regional MLS
Days on Site
163
Interior Features
Laundry
None
Exterior Features
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Off-Street Parking, Garage: 1 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
821 W 62nd Street is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $998,000 and was built in 1926. This address can also be written as 821 W 62nd Street, Los Angeles, CA 90044.
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This listing information is up-to-date as of November 17, 2024. For the most current information, please contact XIAO TU
