Skip To Content

    142 W 52nd Street

    Los Angeles (City), CA 90037
    • $849,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: PW21008768
    UPDATED: 47 min ago
    $849,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,210
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    142 West 52nd Street is a four-unit value-add opportunity with major upside potential in South Los Angeles. The property is located proximate to the 110 Freeway, one block west of Main Street, and within just a few blocks of a major grocery store (Food4Less) and Main Street Elementary School. 142 West 52nd Street is a 1920 construction asset consisting of two buildings that offer two three-bedroom/one-bath units and two one-bedroom/one-bath units. The property also offers two surface parking spaces. The building was upgraded in 2017 with new plumbing and new water and electric meters. All units are now separately metered for water, gas, and electricity, helping keep owner expenses to a minimum.With current rents at half of market rates, 142 West 52nd Street presents an excellent value-add opportunity with a desirable unit mix in a dense rental market.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T14:37:18.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/113279890
    Print Image

    142 W 52nd Street Los Angeles (City), CA 90037

    • Price: $849,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: PW21008768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,210
    SQFT
    $264
    $/SQFT
    1920
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    142 West 52nd Street is a four-unit value-add opportunity with major upside potential in South Los Angeles. The property is located proximate to the 110 Freeway, one block west of Main Street, and within just a few blocks of a major grocery store (Food4Less) and Main Street Elementary School. 142 West 52nd Street is a 1920 construction asset consisting of two buildings that offer two three-bedroom/one-bath units and two one-bedroom/one-bath units. The property also offers two surface parking spaces. The building was upgraded in 2017 with new plumbing and new water and electric meters. All units are now separately metered for water, gas, and electricity, helping keep owner expenses to a minimum.With current rents at half of market rates, 142 West 52nd Street presents an excellent value-add opportunity with a desirable unit mix in a dense rental market.
    Exterior Features

    Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 48816 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 30697 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 17631 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar2

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T14:37:18.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365103889-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365103889-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365103889-1.jpg
    Logo
    Compass
    617 Saxony Place #101
    Encinitas CA, 92024