627 W 82nd St

Los Angeles, CA 90044

Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.55% Pro-Forma Cap Rate & 8.27 Pro-Forma GRM | 5.41% Current Cap Rate & 11.28 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $230,000 Per Unit & $328 Per SF

Sales Price $1,150,000

Beds

11

Baths

5

Home Size

3505 Sq. Ft.

Lot Size

9302 Sq. Ft.

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Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.55% Pro-Forma Cap Rate & 8.27 Pro-Forma GRM | 5.41% Current Cap Rate & 11.28 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $230,000 Per Unit & $328 Per SF

This home located at 627 W 82nd St is currently active and has been available on pardeeproperties.com for 10 days. This property is listed at $1,150,000. It has 11 beds and 5 bathrooms. The property was built in 1924. 627 W 82nd St is in the Metropolitan Southwest community of County.

Quick Facts

  • 10 days on market
  • Built in 1924
  • Total parking spaces 5Car
  • Assigned, Garage, Uncovered
  • Community | Metropolitan Southwest
  • MLS# | 25541557

Features

  • Other Cooling
  • Other Heat
Connect with an agent
(35)

Meredith Gruszka

Partner | DRE #02013805

Listed By Jonathan Nikfarjam · Shield CRE, Inc.

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