Underwood Mortgage Group - Real Estate |

find an agent

Find a real estate agent for this home.

can i afford this home?

Contact Underwood Mortgage Group for more information on financing this home.

Mortgage Calculator

Home Price
Interest Rate
Years
Down Payment
Property Tax (Per Year)
PMI
Start Date
Powered by CalculateStuff.com
Change any combination of fields to calculate the monthly payment. Or change the down payment and monthly payment to calculate the possible home price.
Learn More Now

1457 W 52nd Street

Los Angeles, CA 90062

$1,039,000

| 2,130 sq. ft.

Status: Active Area: C34 - Los Angeles Southwest

Year Built: 1925 MLS#: SB25120082

Description

1457 W 52nd Street is a 4-unit multifamily with one unit delivered VACANT at close of escrow. The property consists of two side-by-side duplexes on one lot with on-site parking, located in the heart of the Vermont Square neighborhood. One unit will be delivered tenant ready at close, creating immediate upside for lease-up or an ideal opportunity for an owner-user. Each unit is a fully renovated 1-Bed/1-Bath, offering modern finishes and updated systems. With a current cap rate of 5.59% and a 12.63 GRM, this asset offers a compelling blend of strong in-place cash flow and long-term value-add potential. Operating expenses are minimal, with tenants paying for trash, gas, and electricity, while the landlord is only responsible for water. Ideally located near USC, Downtown LA, and major transit corridors, this is a rare opportunity to acquire a stabilized, income-generating asset with both near-term upside and long-term appreciation potential.

Features

Heating: N/A

Cooling: N/A

Structure Type: Other

Association Amenities: N/A

Pool Descriptions: None

Price/sqft: $488

Parking Spaces: 2

Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.