Los Angeles, CA 90044 924 W 82nd Street
$965,000
9 more
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
- MLS# 25538251
- 05/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 6
SQFT • 3,990
Home Details
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
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Interior Features for 924 W 82nd Street
Bedrooms
Total Bedrooms10
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories1
General for 924 W 82nd Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.9
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsWest of Hoover Street, North of 83rd Street, East of Vermont Avenue, South of 81st Street
Full Baths
Garage Y/NNo
Gross Income85128.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet9299.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income56924.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1923
Year Built SourceOther
ZoningLAR3
Exterior for 924 W 82nd Street
Building Area Total3990.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x186
Lot Size Acres0.2135
Lot Size Area9299.0
Lot Size SourceEstimated
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate