Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1963
Sq.Footage
N/A
601 W. 82nd Street is a 20-unit apartment building located at 601 W. 82nd Street in South Los Angeles. Situated on 18,603 square feet of land, the property consists of a one, two-story building boasting two (2) one-bedroom units and eighteen (18) two-bedroom units. The property was constructed in 1963 using wood frames and stucco construction. It has been under the same ownership group for the last forty (40) years. While the units have been kept in good condition over the years, there is an opportunity to untap 70% rental upside through turnover of the existing units and achieving market rents. The units are separately metered for gas and electricity, and the landlord pays for the water. The building requires the tuck-under parking to be retrofitted. The seller has not started the process.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.4271
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,650,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Andres Diaz , KELLER WILLIAMS REALTY
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