1557 West 52nd Street
1557 West 52nd Street
$1,225,000
6
4
3,337
3,337
$367
Description
We are pleased to offer for sale a six unit apartment community located at 1557 West 52nd Street. The subject property is located just east of Western Avenue on 52nd Street within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization...We are pleased to offer for sale a six unit apartment community located at 1557 West 52nd Street. The subject property is located just east of Western Avenue on 52nd Street within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 6,502 square foot parcel, the property is comprised studios, two-bedroom and four-bedroom units. There is 38% rental upside through interior renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to continue improvements and achieve superior future returns moving forward makes 1557 W 52nd Street an excellent acquisition opportunity. The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together. LA County Assessor Indicates that the Property has a Total of 2Beds/6Baths. Buyer to Verify Unit Configuration.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1557 West 52nd Street
Zoning
LAR2
Parcel Number5003007014
Total Units6.0
Living Area3337
Source Living AreaAssessor
AreaLos Angeles Southwest (C34)
Vacancy Rate0
Lot Size Area6500
Location
LISTING UPDATED: 04/03/2024 11:53 AM
Property Details for 1557 West 52nd Street
Status | Active |
---|---|
MLS # | 24-346955 |
Days on Market | 106 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1936 |
Lot Size | 0.15 AC / 6,500 SF |
County | Los Angeles County |
Location
Building Information for 1557 West 52nd Street
Stories2Residences-Year Built1936Building Size-Lot Size0.15 AC / 6,500 SF
Payment Calculator
$7,328 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1557 West 52nd Street
Property History for 1557 West 52nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1557 West 52nd Street
Taxable ValueLand$413,965Additions$153,039Total$567,004
Tax Record2023$7,720 ($643 / month)
Home Facts
Total Finished SqFt3,337 SqFtAbove Grade Finished SqFt3,337 SqFtLot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1936ZoningLAR2CountyLOS ANGELESAPN5003-007-014
Schools near 1557 West 52nd Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Public - | 6 to 9 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Normandie Avenue Elementary School PublicK to 5 | ||
Western Avenue Technology Magnet PublicK to 8 | ||
Barack Obama Global Preparation Academy Public6 to 9 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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