Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 10.31% Pro-Forma Cap Rate & 7.01 Pro-Forma GRM | 6.61% Current Cap Rate & 9.56 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 $195,000 Per Unit & $278 Per SF
Property Details
Price:
$975,000
MLS #:
25541557
Status:
Active
Baths:
0
Address:
627 W 82nd Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
May 20, 2025
State:
CA
ZIP:
90044
Lot Size:
9,302 sqft / 0.21 acres (approx)
Year Built:
1924
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Schools
Interior
Exterior
Parking Features
Assigned, Garage, Uncovered
Parking Spots
5.00
Stories Total
2
Financial
Map
Community
- Address627 W 82nd Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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627 W 82nd Street
Los Angeles, CA
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