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921 W 82nd Street

Los Angeles, CA 90044

$1,999,000

| 8,206 sq. ft.

Status: Active Area: C36 - Metropolitan Southwest
Year Built: 1964 MLS#: 26655667

Description

We are pleased to present 921 W 82nd St, an 11-unit property located in the heart of Los Angeles with 8 VACANT UNITS! With potential to operate at an 12.61% CAP and a 5.80 GRM upon lease up of the 8 VACANT UNITS, the property provides additional potential upside to a 14.91% CAP and a 5.06 GRM on proforma rents, allowing a buyer the ability to achieve a high-cash flow. The property consists of a two-story building constructed in 1964 with a strong and diverse unit mix of one (1) three-bedroom two-bathroom unit, two (2) three-bedroom one-bathroom units, six (6) two-bedroom one-bathroom units and two (2) one-bedroom one-bathroom units. The property features eleven (11) on-site parking spaces, with potential for an ADU(s) conversion in the tuck-under parking areas. This opportunity offers easy freeway access as it is situated just west and in close proximity to 110 Freeway as well as Popeyes, Tam's Burgers #34, Jack in the Box, Tacos El Guero #1, Domino's Pizza, KFC, McDonald's, Subway and a number of other tenant amenities and conveniences. Contact the listing broker for additional information.

Features

    Heating: Wall Furnace
    Cooling: None
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $244
    Parking Spaces: 11
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.