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840 W 52nd St Los Angeles, CA, 90037
$1,250,000 Commercial for sale Other
We are pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.
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Property details
5,195 sqft interior area
Land area
6,800 sqft (0.16 acres)
Days on Verhouse
14
Address
840 W 52nd St, Los Angeles, CA, 90037
City of California
Los Angeles
County
Los Angeles
Year Built
1965
District
Listing
Nearby major retailers
Costco
Aldi
T-Mobile
Whole Foods Market
Albertsons
Trader Joe's
Wholesale: 1
Supermarket: 4
Mobile phone: 1
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Interior Features
—
Garage & Parking
None
Listed by
Sean Rosenzweig, Marcus & Millichap
Name
Sean Rosenzweig
License number
01406343
Brokerage company
Marcus & Millichap
MLS #
CL24388361
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Calculate your monthly payments
Mortgage
$3,838
Taxes
$0
HOA dues
$0
Mortgage
$250,000 / 20%
2.28%
30 years
Your amount
$3,838 / month
Lot details
TMK #5001003010
Parcel nr.
5001003010
90037 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90037
48%
Families with children
National average: 39%
31%
Non family households
663,327
Population
$58,214
Average Income
Age & gender
Median age 33 years
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Commute types
78% commute by car
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Education level
36% have not graduated education
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Number of employees
2% work in education and healthcare
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Vehicles available
33% have 1 vehicle
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Vehicles by gender
33% have 1 vehicle
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Housing market insights for
$821.46k
Neighborhood average
sales price*
sales price*
$715.5k
Neighborhood median
sales price*
sales price*
610
Number
of sales*
of sales*
Housing type
48% are single detacheds
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Rooms
45% of the houses have 4 or 5 rooms
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Bedrooms
61% have 2 or 3 bedrooms
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Owners vs Renters
64% are renters
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15.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing May 6, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 6, 2024 | New Listing | $1,250,000 | 0 | MLS #CL24388361 |
Taxes of 840 W 52nd St, Los Angeles, CA, 90037
LAR2 zoning / MLS #CL24388361
Zoning
LAR2
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Frequently Asked Questions about 840 W 52nd St
What is 840 W 52nd St?
840 W 52nd St is a Commercial/Industrial propertywith 5,195 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
840 W 52nd St, Los Angeles, CA, 90037.
What comparable properties are nearby?
Comparable nearby commercial properties include 4620 S Vermont Ave, 4521 S Vermont Ave, 1200 W Slauson Ave, 5314 S Broadway, 317 W 56th St, 5400 S Broadway.
Based on information from the bridgeMLS as of 05-19-2024. 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.
Listing last updated on: May 14, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Food 4 Less, 1.37 miles away and Northgate Supermarket, 1.79 miles away.
The 90037 zip area has a population of 663,327, and 48% of the families have children. The median age is 33.31 years and 78% commute by car. The most popular housing type is "single detached" and 64% is renter.
