1510 W 52nd Street, Los Angeles, CA 90062

Feb 16

$1,025,000 Sales Price

3
Units

2,000
Sq Ft

1510 W 52nd Street is a recently remodeled three unit property offered at $1,025,000 in the 90062 submarket of South Los Angeles. The property consists of two single story buildings on a 5,424 square foot lot with approximately 2,000 gross square feet of living space. Originally built in 1925, the property has been thoughtfully updated with modern finishes, new landscaping, and clean unit layouts.

The rent roll includes two occupied one bedroom units producing $1,354 per month in combined current rent, with pro forma rents projected at $4,000 per month. The third unit, a two bedroom one bathroom, is vacant, move in ready, and projected at $2,800 per month market rent. Total pro forma gross income is $6,800 per month. All utilities, including water, gas, and electric, are separately metered. The property includes on site parking.

This is a compelling owner user opportunity. A buyer can occupy the two bedroom unit, which features a private entrance and dedicated parking off the rear alley, while collecting rental income from the remaining two units. The location offers strong rental demand, proximity to major employment corridors, and long term value in a supply constrained Los Angeles market. Fee simple ownership. APN: 5003 010 004. Exclusively listed by Chandler Rockwell, The Rockwell Group.