Properties
Los Angeles, CA 90044 620 W 82nd Street
$1,499,000
Presented By: Enedina Sanchez with McAlpin & Company;
Beds • 9
Baths • 7
SQFT • 7,732
Home Details
Seller is ready to SELL! Carport earthquake retrofit has been completed. Roof is approximately 5 years old and significant plumbing has been completed as needed. Annual Gross Rental Income will be $179,520 once you rent out the two vacant units. Please note current Sect 8 voucher standards are $2,289 for 1 bedroom units and $2,887 for 2 bedroom units. Property consists of 9 units (7) 2 Bdrm/1 Bath and (2) 1Bdrm/1 bath- stable tenants. Value-add opportunity as rents are approximately 35% under market rents. This is terrific opportunity for an investor to reposition this property to achieve ProForma rent of $288,000/annual gross.
Presented By: Enedina Sanchez with McAlpin & Company;
Interior Features for 620 W 82nd Street
Bedrooms
Total Bedrooms9
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
General for 620 W 82nd Street
Buyer FinancingCash
Cap Rate6.18
Carport Spaces4
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsEast of Figueroa, West of Hoover. North of Manchester and South of Florida
Facing DirectionEast
Full Baths
Gross Income2863
HOANo
HeatingNatural Gas, Wall Furnace
Insurance Expense6573
LevelsTwo
Listing TermsConventional
Living Area7732
Lot Size Square Feet9316
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense6075
Net Operating Income103622
New ConstructionNo
Number Of Units Total9
Open Parking Spaces5
Patio/Porch FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesSecurity Gate
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Taxes$21,105
Tenant PaysElectricity, Gas
ViewNone
Water Sewer Expense27412
Year Built1961
Year Built SourceAssessor
ZoningLAR3
Exterior for 620 W 82nd Street
Building Area Total7732
Lot Dimensions50x187
Lot Size Acres0.2139
Lot Size Area9316
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Parking FeaturesCarport, Driveway
Total Parking9
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
