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1129 E 52nd Street

Los Angeles (City), CA 90011
  • $2,800,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: 24394855
Under Contract
UPDATED: 145 min ago
$2,800,000
  • 26
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,075
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Julian Bloch of Keller Williams Downtown LA (213-797-7000) and Andres Diaz of ()


Description

Kingside Investment Group is proud to present 1125-1129 52nd Street is a 15-unit multifamily asset situated on approximately 18,950 square feet of land (0.44 acres) in South Los Angeles. Unit composition includes four (4) one-bed/one-bath, ten (10) two-bedroom/one-bathroom apartments and one (1) two-bedroom/one-bathroom house measuring 585, 768, and 1,050 square feet respectively. The building includes many amenities including a private driveway, parking lot in the rear, maintained landscaping and a laundry room on site. Additionally, the interiors boast natural hard wood floors, updated bathrooms and modern kitchens. Despite the close attention to detail the owner has kept over the past 40+ years of ownership there is still significant rental appreciation that a new owner can get.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T19:31:48.303. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/150782462
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1129 E 52nd Street Los Angeles (City), CA 90011

  • Price: $2,800,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 145 min ago
  • ID#: 24394855
26
Beds
0
Baths
0
½ Baths
0.44
Acres
11,075
SQFT
$253
$/SQFT
1965
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Kingside Investment Group is proud to present 1125-1129 52nd Street is a 15-unit multifamily asset situated on approximately 18,950 square feet of land (0.44 acres) in South Los Angeles. Unit composition includes four (4) one-bed/one-bath, ten (10) two-bedroom/one-bathroom apartments and one (1) two-bedroom/one-bathroom house measuring 585, 768, and 1,050 square feet respectively. The building includes many amenities including a private driveway, parking lot in the rear, maintained landscaping and a laundry room on site. Additionally, the interiors boast natural hard wood floors, updated bathrooms and modern kitchens. Despite the close attention to detail the owner has kept over the past 40+ years of ownership there is still significant rental appreciation that a new owner can get.
Exterior Features

Parking Features Assigned Parking Total 18

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 249749 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 145571 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T19:31:48.303. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Julian Bloch of Keller Williams Downtown LA (213-797-7000) and Andres Diaz of ()