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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$769,000
Est. payment /mo
5,742 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25046654
Year Built 1929
Lot Size 5,742 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for any savvy investor to unlock the income potential. Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 6029016030
Special Listing Condition Not Applicable
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