1670 East 82nd Place

Los Angeles, CA 90001

$850,000
Last Sold Price
7
Beds
6
Baths
3,100 Sq. Ft.
$274 / Sq. Ft.
3,100
Sq. Ft.
$274
per Sq. Ft.

Description

BACK ON THE MARKET AND WILL DELIVERED 100% occupied with stabilized market rents. Brand new modern duplex in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (77 Walk Score). Investors get to enjoy a nice cash flow off this home with actually tenants in place producing $67,200 of annual gross rent. Amazing est. 5.8%+ CAP rate and 12.8X...BACK ON THE MARKET AND WILL DELIVERED 100% occupied with stabilized market rents. Brand new modern duplex in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (77 Walk Score). Investors get to enjoy a nice cash flow off this home with actually tenants in place producing $67,200 of annual gross rent. Amazing est. 5.8%+ CAP rate and 12.8X GRM. Property has total of 7 bedrooms, 6 baths and 5 parking spaces. First unit consists of a 5 bedrooms and 3 baths (including master bedroom and Jr master). Second unit consists of 2 bedrooms and 3 baths (each bedroom includes a restroom). This new estate has all the modern touches in today’s market such as laminate flooring, recessed lighting, backsplash and quarts countertops on kitchen, central AC, washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
  1. Listed by Daniel Terrazas • DRE #02019893 • Brokerage DRE #01816981 • VIP Real Estate Firm

Property Details for 1670 East 82nd Place

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
3100
Assessor Parcel Number
6027-012-020

Location

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893

Sold By Brian Jung Realty, Brian Jung, DRE #01946975

Add your commute
LISTING UPDATED: 04/27/2021 12:04 PM

Property Details for 1670 East 82nd Place

StatusClosed
MLS #DW21029893
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.10 AC / 4,546 SF
CountyLos Angeles County

Location

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893

Sold By Brian Jung Realty, Brian Jung, DRE #01946975

Add your commute

Building Information for 1670 East 82nd Place

Stories2Residences-Year Built2020Building Size-Lot Size0.10 AC / 4,546 SF

Payment Calculator

$5,588 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$949

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1670 East 82nd Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $67,200
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $52,400
  • Financing: Conventional
Expense Details
  • Operating Expense: $15,000
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 4637
  • Tax Census Tract: 5351.01
  • Tax Lot: A
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,400
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1670 East 82nd Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1670 East 82nd Place

Taxable ValueLand$416,160Additions$468,180Total$884,340
Tax Record2023$11,390 ($949 / month)
Home Facts
Beds7Total Finished SqFt2,894 SqFtAbove Grade Finished SqFt2,894 SqFtStories1Lot Size4,546 SqFtStyleSingle Family ResidenceYear Built2019ZoningLCR3*CountyLOS ANGELESAPN6027-012-020

Schools near 1670 East 82nd Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Russell Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

Animo Pat Brown
Charter9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.