$849,000 142 W 52nd Street Los Angeles, CA

MLS: PW21008768   Type: Income   County: Los Angeles   City: Los Angeles   Area: Downtown L.a.   Zip: 90037     Stories: 2

Mortgage $3,986 /mo



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142 West 52nd Street is a four-unit value-add opportunity with major upside potential in South Los Angeles. The property is located proximate to the 110 Freeway, one block west of Main Street, and within just a few blocks of a major grocery store (Food4Less) and Main Street Elementary School. 142 West 52nd Street is a 1920 construction asset consisting of two buildings that offer two three-bedroom/one-bath units and two one-bedroom/one-bath units. The property also offers two surface parking spaces. The building was upgraded in 2017 with new plumbing and new water and electric meters. All units are now separately metered for water, gas, and electricity, helping keep owner expenses to a minimum. With current rents at half of market rates, 142 West 52nd Street presents an excellent value-add opportunity with a desirable unit mix in a dense rental market.

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Price History

1/14/2021 Listed $849,000

Additional Parcels Y/N No
Community Features Urban
Garage Spaces 0
Garage Y/N No
Land Lease Y/N No
Levels Two
MLS Area C42 - Downtown L.A.
Open Parking Spaces 2
Pool Features None
Private Pool No
Property Attached Y/N No
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Terms Cash, Cash to New Loan
Total Units 4
Water Sewer Expense 0
Zoning LAR2

Interior Features

Common Walls No Common Walls
Laundry Features None

Exterior Features

Lot Features Rectangular Lot
Lot Size Acres 0.12
Lot Size Area 5400
Lot Size Source Assessor
Lot Size Square Feet 5400
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 4
Total Parking 2
Water Source Public

Property Schools

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Property vs Zip Code Avg (90037)

Price 849K Avg 943K

Acres 0.12 Avg 0.11

Visits 47 Avg 46

Days on Site 98 Avg 127

Walkscore® 74 Avg 77

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Steven Bogoyevac with Steven M. Bogoyevac, Broker.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA