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538 W 82nd St
Los Angeles, CA 90044 South Central LA

$1,650,000 USD

Apartments For Sale  •  7,591 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,591 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 6.88 %
  • Zoning LAR3
64 Transit Score
68 Walk Score

Highlights

5 Units To Be Delivered Vacant at Close of Escrow
Market Rent Assumptions $2,100 { 2Bd +1 Ba} & $1,950 { 1 Bd + 1Ba}
:Pro-Forma Does NOT Include - Room Laundry Income Potential
Immediate Upside on Rent Controlled Units

Financial Summary (Proforma)

Net Operating Income: $113,484 USD (2026)
Cap Rate: 6.88 %
Total Expenses: $48,636 USD

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 13 min - 8.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 8.7 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 8.6 mi
Long Beach (Daugherty Field) 22 min - 16.3 mi
Bob Hope 32 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Jay Martinez 310-658-3375 Kidder Mathews
Jay Martinez 310-658-3375 Kidder Mathews