$1,279,000
204 W 52nd Pl is a renovated four-unit property located in a rapidly developing area of Los Angeles. The property features a desirable unit mix consisting of two (2) 1-bedroom/1-bath units, one (1) 3-bedroom/2-bath unit, and one (1) 4-bedroom/2-bath unit. The asset offers strong in-place income with average rents of approximately $2,500 per unit and a 7.27% going-in cap rate. One unit will be delivered vacant/tenant-ready, providing an opportunity for an owner-user or additional rental income. Centrally located near USC, Downtown Los Angeles, SoFi Stadium, and major redevelopment projects. This turnkey property presents an excellent opportunity for both investors and owner-occupants seeking stable income and long-term growth potential."Information deemed reliable but not guaranteed. Buyers /Agents are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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Listed by Michael Vizcarra with Keller Williams Beverly Hills (310) 432-6400
Property Type
Residential Income
Status
Active
MLS Number
26669795
Year Built
1912
Lot Size
4,456 sq ft