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$1,175,000
6 bed
3,337 Sqft
6,500 Sqft lot

1557 W 52nd Street, Los Angeles, California 90062

  • Residential Income Property Type
  • 126 Days Time on market
  • $352 Price per sqft
  • 1936 Year Built
Property Description

We are pleased to offer for sale a six unit apartment community located at 1557 West 52nd Street. The subject property is located just east of Western Avenue on 52nd Street within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA’s strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 6,502 square foot parcel, the property is comprised studios, two-bedroom and four-bedroom units. There is 38% rental upside through interior renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to continue improvements and achieve superior future returns moving forward makes 1557 W 52nd Street an excellent acquisition opportunity. *The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together. LA County Assessor Indicates that the Property has a Total of 2Beds/6Baths. Buyer to Verify Unit Configuration.

Basic Details
Residential Income
Buy
24346955
$1,175,000
6
3,337 Sqft
1936
6,500 Sqft
Active
Condos/Co-ops
Features
6
$0
Address
CA
Los Angeles
Los Angeles
90062
1557 W 52nd Street
1557
Street
0
W119° 41' 44.4''
N33° 59' 42.9''
W
Additional Information
126
2
2
4
: Two, Multi/split
3,337 Sqft
0 Sqft
0 Sqft
: Assessor
0.15 Sqft
6,500 Sqft
1
0 Sqft
LAR2
5003007014
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
12/01/2024 11:02:16
$1,225,000
: Standard
East of Western Avenue & North of 52nd Street
Destrahan
Harry Hurst
Marcus & Millichap
Sean Rosenzweig
CLW-X7515101
CLW-C107850
$0
6.5
1
1
0
0
3
6
117324
US-06037-N-5003007014-R-N
03/04/2024 19:04:45
52nd
C34 - Los Angeles Southwest
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