Los Angeles, CA 90044 627 W 82nd Street
$975,000
5 more
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
- MLS# 25541557
- 05/20/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 11
Baths • 5
SQFT • 3,505
Garage • 1
Home Details
Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 10.31% Pro-Forma Cap Rate & 7.01 Pro-Forma GRM | 6.61% Current Cap Rate & 9.56 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-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 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $195,000 Per Unit & $278 Per SF
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Interior Features for 627 W 82nd Street
Bedrooms
Total Bedrooms11
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 627 W 82nd Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.61
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsWest of Figueroa Street, East of Hoover Street, South of 81st Street, North of 83rd Street
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income101952.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet9302.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income64402.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1924
Year Built SourceOther
ZoningLAR3
Exterior for 627 W 82nd Street
Building Area Total3505.0
Crops Included Y/NNo
Gulf-FrontNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2135
Lot Size Area9302.0
Lot Size SourceEstimated
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Open Parking Y/NNo
Parking FeaturesAssigned, Garage, Uncovered
Private PoolNo
SpaNo
Total Parking5.0
Additional Details
Price History
Hal Schlegel
Broker Associate