1621 W 82nd Street, Los Angeles, CA

$699,000

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6

Beds

3

Baths

0.16

Acres

About 1621 W 82nd Street

Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! This triplex offers a CAP Rate upwards of 7.4%! Additional BONUS of at least 95% upside in rents! Great value add opportunity. Zoned RD2. Endless possibilities. Fix and flip / lease up or Park your 1031 Exchange. Convert garages to ADUs for additional income or explore the full re-development route and take advantage of the One Big Beautiful Bill that brings back 100% bonus depreciation! All 3 units are separately metered for gas and electric. Tenants pay for all utilities except water/sewer. New flooring and new paint in unit 1625. Copper plumbing throughout the property. Perfect for owner user or get your own tenant at market rent! This property is gated for privacy and is priced to sell! Conveniently located close to schools, SoFi Stadium, Intuit Dome, Forum, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Long-term tenants. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered with existing tenants and one unit available to lease up. Download the OM Package to obtain more info. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy themselves on ALL aspects of the property.

Features of 1621 W 82nd Street

MLS® # IN25166362
Price $699,000
Bedrooms 6
Bathrooms 3.00
Acres 0.16
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1621 W 82nd Street
Area LOS ANGELES (90047)
City Los Angeles
County Los Angeles
State CA
Zip Code 90047

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Curbs,Sidewalks
Construction Stucco

Additional Information

Days on Market 33
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCastillo Realty Group, Inc.

Listing Map

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