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$799,000
Est. payment /mo
6 Beds
3 Baths
5,377 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB25136652
Bedrooms 6
HOA Y/N No
Lot Size 5,377 Sqft
Lot Dimensions 40'x135'
Property Sub-Type Res Income 2-4 Units
Property Description
Outstanding Investment Opportunity in a Prime Los Angeles Rental Market. Located at 211 W 52nd St., Los Angeles, this well-maintained income property presents an exceptional investment opportunity in one of the citys most active and high-demand rental areas. The property features two separate structures, both individually metered for gas and electricity, allowing tenants to cover their own utility expenses. The lot spans 5,377 square feet, with a total of 2,390 square feet of livable space, including one recently built unit in 2023. The unit mix consists of a spacious 3-bedroom, 1-bathroom front unit, and a 3-bedroom, 2-bathroom rear unit. The back unit offers two reserved parking spaces, while the front unit has convenient parking directly in front of the property. Currently generating a strong rental income of $5,340 per month with additional potential for increased cash flow. This location offers residents excellent accessibility to key parts of Los Angeles, including LAX, Downtown LA, and the Westside, making it perfect for working professionals. Its also just a short commute from many of LAs top landmarks and entertainment venues such as SoFi Stadium, USC, BMO Stadium, the LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum. Transportation is a major plus, with easy access to the I-110, I-5, and I-405 freeways, along with nearby public transit options, offering seamless connectivity across Greater Los Angeles and nearby areas.
Outstanding Investment Opportunity in a Prime Los Angeles Rental Market. Located at 211 W 52nd St., Los Angeles, this well-maintained income property presents an exceptional investment opportunity in one of the citys most active and high-demand rental areas. The property features two separate structures, both individually metered for gas and electricity, allowing tenants to cover their own utility expenses. The lot spans 5,377 square feet, with a total of 2,390 square feet of livable space, including one recently built unit in 2023. The unit mix consists of a spacious 3-bedroom, 1-bathroom front unit, and a 3-bedroom, 2-bathroom rear unit. The back unit offers two reserved parking spaces, while the front unit has convenient parking directly in front of the property. Currently generating a strong rental income of $5,340 per month with additional potential for increased cash flow. This location offers residents excellent accessibility to key parts of Los Angeles, including LAX, Downtown LA, and the Westside, making it perfect for working professionals. Its also just a short commute from many of LAs top landmarks and entertainment venues such as SoFi Stadium, USC, BMO Stadium, the LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum. Transportation is a major plus, with easy access to the I-110, I-5, and I-405 freeways, along with nearby public transit options, offering seamless connectivity across Greater Los Angeles and nearby areas.
Outstanding Investment Opportunity in a Prime Los Angeles Rental Market. Located at 211 W 52nd St., Los Angeles, this well-maintained income property presents an exceptional investment opportunity in one of the citys most active and high-demand rental areas. The property features two separate structures, both individually metered for gas and electricity, allowing tenants to cover their own utility expenses. The lot spans 5,377 square feet, with a total of 2,390 square feet of livable space, including one recently built unit in 2023. The unit mix consists of a spacious 3-bedroom, 1-bathroom front unit, and a 3-bedroom, 2-bathroom rear unit. The back unit offers two reserved parking spaces, while the front unit has convenient parking directly in front of the property. Currently generating a strong rental income of $5,340 per month with additional potential for increased cash flow. This location offers residents excellent accessibility to key parts of Los Angeles, including LAX, Downtown LA, and the Westside, making it perfect for working professionals. Its also just a short commute from many of LAs top landmarks and entertainment venues such as SoFi Stadium, USC, BMO Stadium, the LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum. Transportation is a major plus, with easy access to the I-110, I-5, and I-405 freeways, along with nearby public transit options, offering seamless connectivity across Greater Los Angeles and nearby areas.
Location
State CA
County Los Angeles
Area Los Angeles (90037)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $28
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Space Rent $1,990
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
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Listed by ARMANDO BENITEZ • REALTY MASTERS & ASSOCIATES, INC.