204 W 52ND PLACE, LOS ANGELES CA 90037
- 3,388 sq.ft.
- 4,458 sq.ft. lot
Property Description
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.
Listing Courtesy of Michael Vizcarra, Keller Williams Beverly Hills
Interior Features
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