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627 W 82nd Street, Los Angeles, CA 90044
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$1,150,000
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Home Details for 627 W 82nd Street
Price
$1,150,000
Type
other
Bedrooms
11
Total Bathrooms
5
Year Build
1924
Sq. Ft.
3505
Lot Size
0.2135
County
Los Angeles
MLS®️ Listing#
25541557
On exitrealty.com
213 days
Property Description
Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.55% Pro-Forma Cap Rate & 8.27 Pro-Forma GRM | 5.41% Current Cap Rate & 11.28 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 $230,000 Per Unit & $328 Per SF
Listing Courtesy: Shield CRE, Inc. - 310-593-9869
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-19 18:42:42 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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