520 W 82nd St

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 two 1 bedroom 1 bath units. 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.

This home located at 520 W 82nd St is currently active and has been available on pardeeproperties.com for 1 day. This property is listed at $1,795,000. It has 17 beds and 7 bathrooms. The property was built in 1936. 520 W 82nd St is in the Metropolitan Southwest community of Los Angeles County.

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