Los Angeles, CA 90044 627 W 82nd Street
$1,150,000
5 more
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Beds • 11
Baths • 5
SQFT • 3,505
Garage • 1
Year Built • 1924
Home Details
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
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Interior Features for 627 W 82nd Street
Bedrooms
Total Bedrooms11
Bathrooms
Half Baths0
Total Baths5
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
LivingAreaSourceEstimated
Total Stories2
General for 627 W 82nd Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.41
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsWest of Figueroa Street, East of Hoover Street, South of 81st Street, North of 83rd Street
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income101952.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet9302.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income62214.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1924
Year Built SourceOther
ZoningLAR3
Exterior for 627 W 82nd Street
Building Area Total3505.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2135
Lot Size Area9302.0
Lot Size SourceEstimated
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Open Parking Y/NNo
Parking FeaturesAssigned, Garage, Uncovered
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
