Los Angeles, CA 90001 612 E 82nd Street

612 E 82nd St is a value add garden style 4plex located in the heart of Los Angeles. The building is comprised of all (4) 1-Bed/1-Bath units with 58% in Rental upside! Stabilizes at a 7.51% cap rate and 9.83 GRM, this asset is ideal for any savvy investor to unlock the income potential. Built in 1929, the subject property is a 4 unit apartment spread out over 2,088 Sq. Ft situated on a 5,742 Sq. Ft lot, 612 E 82nd St is a unique valueadd opportunity in an extremely fast growing rental market of Los Angeles. 612 E 82nd St is located just minutes from the 110 fwy with easy access to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.