Samimi CRE Advisors
    Listings/522 W 82nd St
    522 W 82nd St - Photo 1
    multifamilyActive Listing

    522 W 82nd St

    Los Angeles, CA 90044

    Valuation

    $1,650,000

    Key Specifications

    Total Units

    7

    multifamily

    Year Built

    1936

    Heritage Asset

    Interior

    5,234 SF

    $315 / SF

    Lot Area

    9,317 SF

    Unit Mix

    multifamily

    (1) 4-Bed/2-Bath, (3) 3-Bed/1-Bath, (2) 2-Bed/1-Bath, (1) 1-Bed/1-Bath

    Investment Highlights

    4 separate buildings on a huge 9,317 sqft lot
    High cash-flowing asset in Vermont Knolls
    All major systems renovated in 2020: new roof, copper plumbing, new electrical
    All units fully renovated, with 2 units currently vacant and rent-ready
    6 single car garages and RTI plans for a Jr ADU (8th unit)
    Unmatched unit mix always in high demand

    Property Overview

    This offering presents a high cash-flowing asset located in Vermont Knolls, Los Angeles, featuring 7 units spread across four separate buildings on a substantial 9,317 square foot lot. The property boasts significant recent renovations, with all major systems, including the roof, copper plumbing, and electrical, updated in 2020. All units have been fully renovated, and two are currently vacant and rent-ready, offering immediate upside potential for a new owner to select tenants at market rates. The property also includes 6 single-car garages and has approved RTI (Ready-To-Issue) plans for an 8th unit, a Junior ADU, providing an opportunity to further increase income. The diverse unit mix is consistently in high demand, making this an attractive investment for passive income investors seeking minimal overhead. This turnkey Spanish Style income generator is an excellent opportunity to acquire a well-maintained and income-producing asset in a desirable Los Angeles neighborhood.