632 East 82nd Street

Los Angeles, CA 90003

$1,325,000
Last Sold Price
6
Beds
8
Baths
4,264 Sq. Ft.
$311 / Sq. Ft.
4,264
Sq. Ft.
$311
per Sq. Ft.

Description

632 E 82nd Street is an 8-unit apartment building located in Southeast Los Angeles. Built-in 1930, the property is comprised of two singles and six one-bedroom, one-bathroom units. The bungalow style property features a central courtyard and six surface parking stalls. The property has been upgraded with copper plumbing and updated electric. All units are separately metered for gas and electric. The property is located east of Avalon Blvd in between E Florence Avenue and Manchester Avenue on 82nd...632 E 82nd Street is an 8-unit apartment building located in Southeast Los Angeles. Built-in 1930, the property is comprised of two singles and six one-bedroom, one-bathroom units. The bungalow style property features a central courtyard and six surface parking stalls. The property has been upgraded with copper plumbing and updated electric. All units are separately metered for gas and electric. The property is located east of Avalon Blvd in between E Florence Avenue and Manchester Avenue on 82nd St. This location provides easy access to the 110 Freeway offers offering a quick connection to Downtown Los Angeles as well as the 10, 105 and 5 Freeways. The immediate area is walkable with nearby retail and restaurant options, as well as proximity to Green Meadows Recreation Center, Franklin D. Roosevelt Park, and several schools.
  1. Listed by David Harrington • DRE #01320460 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 632 East 82nd Street

Zoning
LAR2
Parcel Number
6029016025
Total Units
8.0
Living Area
4264
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)
Vacancy Rate
3%
Lot Size Area
10206

Location

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, John Wright, DRE #01985584

Add your commute
LISTING UPDATED: 03/03/2021 05:08 PM

Property Details for 632 East 82nd Street

StatusSold
MLS #20-664226
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.23 AC / 10,206 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, John Wright, DRE #01985584

Add your commute

Building Information for 632 East 82nd Street

Stories1Residences-Year Built1930Building Size-Lot Size0.23 AC / 10,206 SF

Payment Calculator

$8,706 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,231

Property Taxes

$1,475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 632 East 82nd Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $114,248
  • Net Operating Income: $72,454.00
  • Gross Income: $117,781
  • Cap Rate: 5.47%
  • Gross Rent Multiplier: $11.25
  • Total Annual Expense: 41794
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2343
  • Lot Size Square Feet: 10206
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 6
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-25-2020
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,044.00
  • Unit Actual Rent: $2,087.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,288.00
  • Unit Actual Rent: $7,728.00
  • Unit Projected Rent: $9,300.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 632 East 82nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 632 East 82nd Street

Taxable ValueLand$624,240Additions$754,410Total$1,378,650
Tax Record2023$17,704 ($1,475 / month)
Home Facts
Total Finished SqFt4,264 SqFtAbove Grade Finished SqFt4,264 SqFtLot Size10,206 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningLAR2CountyLOS ANGELESAPN6029-016-025

Schools near 632 East 82nd Street

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
Public - 9 to 12
Rating
School
Distance
Mckinley Avenue Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

John Hope Continuation School
Public9 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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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 Matthews Real Estate Investment Services, David Harrington, DRE #01320460

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.