612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for… Read More any savvy investor to unlock the income potential. Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
29
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1929
MLS Number
SB25046654
30 Days Snapshot Of 90001
$613k
-10%
(avg) sold price
2
-33%
homes sold
54
-55%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1929, Building area total: 2,088, 4 buildings, Common walls: NoCommonWalls
Community
Urban
Expenses
Operating expense: $18,323
Income
Gross income: $55,752, Net operating income: $35,757
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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