924 W 82nd Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,990 sqft
Price per Sqft $241
MLS Listing ID CL25538251
Bedrooms 10
Year Built 1923
Lot Size 9,299 Sqft
Property Sub-Type OTHER
Property Description
Four Single-Story Units on a Large 9,299-SF Lot | Residential Asset - Perfect Owner-User Opportunity | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 5.90% Current Cap Rate & 11.34 Current GRM | 8.68% Pro-Forma Cap Rate & 8.55 Pro-Forma GRM | Unit Mix of (Two) 4-Bedroom/2-Bathroom Units and (Two) 1-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 33% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Qualifies for Residential Financing
Location
State CA
County Los Angeles
Zoning LAR3
Building
New Construction No