Multifamily
840 West 52nd Street
840 W 52nd St, Los Angeles, CA 90037
Listing Price: $1,250,000
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.
South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit.
The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.
840 West 52nd Street
Investment Highlights
- There is 58 Percent Remaining Rental Upside Through Interior Renovations
- Located Less than 0.6 Miles from the 110 Freeway, Allowing Tenants Convenient Access Throughout the City
- Located in Close Proximity to Downtown Los Angeles and University of Southern California
- Long Term Ownership - Property Has Been Owned for 45 Years, Offering a Rare Acquisition Opportunity
Exclusively Listed By
Financing By
Listing Price: $1,250,000
Investment Highlights
- There is 58 Percent Remaining Rental Upside Through Interior Renovations
- Located Less than 0.6 Miles from the 110 Freeway, Allowing Tenants Convenient Access Throughout the City
- Located in Close Proximity to Downtown Los Angeles and University of Southern California
- Long Term Ownership - Property Has Been Owned for 45 Years, Offering a Rare Acquisition Opportunity
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.
Exclusively Listed By
Financing By
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