$998,000
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821 62nd Street Los Angeles, CA 90044
Apartment
Residence
Beds
Baths
...
Bed/Bath
2,194
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 perf...ect 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.
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MLS#
WS24116816
Property Type
Apartment
Year Built
1926
Square Feet
2,194
sq. ft
Lot Size
0.16
Sewer
Public Sewer
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