$1,795,000

520 W 82nd Street, Los Angeles, CA 90044

5,234 sqft

other
Built in 1936
9,148sqft lot
—— car garage
$343/sqft
Listed 2 months ago

Property Description

The subject property is a 7-unit apartment complex located in the South Los Angeles submarket. It consists of four 3-bedroom - 1 bath units, two 2-bedroom 1 bath units and one 1 bedroom 1 bath unit. The complex was renovated in 2020, with new plumbing, electrical, roof, kitchens and bathrooms. The building is capable of producing over $19,000 when fully occupied. There are currently 3 vacancies, which can be rented out to Section 8 tenants for maximum value. There are plans and permits for an ADU which the Buyer can utilize to complete the project. At 7.8 GRM and 8.2% CAP, this is an excellent investment that will produce over 10% cash on cash return. Shown with accepted offer only. Please do not walk on property or disturb tenants.

Listing Status:: Active
Date Added:: September 3, 2025 at 05:00AM
Listing Office:: McAlpin & Company : 310-437-4172
Listing Agent:: Jerome McAlpin : 310-437-4172
MLS ID:: CL25587227

Flooring: LaminateTile
Heating: Wall Furnace

Parking: CoveredAssignedOther

County: Los Angeles

Zoning: LAR36032021018
View: None

This listing courtesy of Jerome McAlpin, McAlpin & Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Manchester Elementary School

661 W 87th St, Los Angeles, CA, 90044

Grades 1-6

0.38 miles away

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.87 miles away

Youth Opportunities Unlimited

915 W Manchester Ave, Los Angeles, CA, 90044

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.