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SOLD | 4 Units in Opportunity Zone (Los Angeles, CA)

OVERVIEW

CLOSED ESCROW
9/9/2020

4 Units in Opportunity Zone (Los Angeles, Ca)

2069 W. 52nd Street is located near the new Crenshaw/LAX Metro Line in South Los Angeles. This rare 4 unit property offers an investor and/or owner-occupier to acquire a steady investment in a strong rental market.

The subject property is comprised of two separate buildings consisting of a large 2/1 front house and a rear building with (3) 1 bed/1 bath units. Two of the rear units are vacant and remodeled, and ready for immediate occupancy. The building was originally built in 1938 with a total size of 2,738 SF, sitting on 7,670 SF corner lot. There are 4 total garages.

  • “Opportunity Zone” Tax Benefits.
  • Two Units Vacant, and All Tenants Month to Month.
  • Front 2 Bedroom House in Front w/ Yard.
  • Below Market Rents in Strong Rental Area.

Prime Location in Los Angeles near Leimert Park, West Adams, Baldwin Hills, Crenshaw, Inglewood Football Stadium, USC, Exposition Park, LAX, Restaurants & Shops.

SUMMARY

Offering Price:
$949,000

Total Units:
4

Building SF:
2,738 SF

Lot Size:
7,670 SF

Year Built:
1938

Zoning:
R1

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