For sale
  • Listing Provided by: 

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.

    Price cut: $1K (7/22)
    $1,049,000

    1457 W 52nd St, Los Angeles, CA 90062

    4beds
    4baths
    2,130sqft
    : 
    Mixed Use
    Built in 1925
    -- sqft lot
    $1,032,900 Zestimate®
    $492/sqft
    $-- HOA

    What's special

    Side-by-side duplexesModern finishesUpdated systemsOn-site parking
    1457 W 52nd Street is a 4-unit multifamily with one unit delivered VACANT at close of escrow. The property consists of two side-by-side duplexes on one lot with on-site parking, located in the heart of the Vermont Square neighborhood. One unit will be delivered tenant ready at close, creating immediate upside for lease-up or an ideal opportunity for an owner-user. Each unit is a fully renovated 1-Bed/1-Bath, offering modern finishes and updated systems. With a current cap rate of 5.53% and a 12.75 GRM, this asset offers a compelling blend of strong in-place cash flow and long-term value-add potential. Operating expenses are minimal, with tenants paying for trash, gas, and electricity, while the landlord is only responsible for water. Ideally located near USC, Downtown LA, and major transit corridors, this is a rare opportunity to acquire a stabilized, income-generating asset with both near-term upside and long-term appreciation potential.
    65 days
    on Zillow
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    89
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    5
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