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$998,000
198 Days On Site

821 W 62nd Street
Los Angeles, CA 90044

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
2,194
SqFt
$455
/SqFt
1926
Built
County:
Los Angeles
Listed by XIAO TU of Pinnacle Real Estate Group [email protected]

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821 W 62nd Street821 W 62nd Street821 W 62nd Street821 W 62nd Street
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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.

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Listing Snapshot
Price 
$998,000
Days On Site 
198 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,194 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1591 Acres
Year Built 
1926
MLS® Number 
WS24116816
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
0.1591
Disclosures 
City Inspection Required
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking 
AssignedOn Street
Parking Spaces 
3
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2194
Style 
Bungalow
Water Source 
Public
Zoning 
LARD2
Interior Features
Fireplace Features 
None
Laundry Features 
None
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Exterior Features
Fencing 
Wrought Iron
Pool Features 
None
Road Frontage 
City Street
Spa Features 
None
View 
CityCity Lights
Waterview 
CityCity Lights
Community Features
Building Access 
W 62nd Street
Community Features 
Street Lights
Financing Terms Available 
CashConventionalFHA
MLS Area 
C37 - Metropolitan South
Roads 
Alley Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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