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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$779,000

Est. payment - /mo

5,375 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25136652

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2023

Lot Size 5,375 Sqft

Lot Dimensions Assessor

Property Sub-Type Duplex

Property Description

Outstanding Investment Opportunity in a Prime Los Angeles Rental Market. Located at 211 W 52nd St., Los Angeles, this well-maintained income property presents an exceptional investment opportunity in one of the city's most active and high-demand rental areas. The property features two separate structures, both individually metered for gas and electricity, allowing tenants to cover their own utility expenses. The lot spans 5,377 square feet, with a total of 2,390 square feet of livable space, including one recently built unit in 2023. The unit mix consists of a spacious 3-bedroom, 1-bathroom front unit, and a 3-bedroom, 2-bathroom rear unit. The back unit offers two reserved parking spaces, while the front unit has convenient parking directly in front of the property. Currently generating a strong rental income of $5,340 per month with additional potential for increased cash flow. This location offers residents excellent accessibility to key parts of Los Angeles, including LAX, Downtown LA, and the Westside, making it perfect for working professionals. It's also just a short commute from many of LA's top landmarks and entertainment venues such as SoFi Stadium, USC, BMO Stadium, the LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum. Transportation is a major plus, with easy access to the I-110, I-5, and I-405 freeways, along with nearby public transit options, offering seamless connectivity across Greater Los Angeles and nearby areas.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms Two On A Lot

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 2.0

Garage Description 2.0

Fence Average Condition, Good Condition, Wrought Iron

Pool None

Community Features Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Level, Rectangular Lot, Street Level

Faces South

Story 1

Entry Level One

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

Additional Building Two On A Lot

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5110026023

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan

Special Listing Condition Standard

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Listed by ARMANDO BENITEZ REALTY MASTERS & ASSOCIATES, INC. 213-842-6085

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211 W 52nd ST Los Angeles, CA 90037