1457 W 52nd, Los Angeles, CA 90062
List Price: $949K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1922
Lot Size: 5,981 sq ft
Private Pool: Yes
MLS Number: SB26168325
About This Property
2 Duplexes on 1 Lot! 1457 W 52nd St is a fully renovated, 100%-occupied four-unit investment in the Vermont Square pocket of South LA - a ~6,000 SF corner parcel holding two matching duplexes, each with a pair of 1-Bed/1-Bath units finished with new flooring, updated kitchens, a new roof, and all-new plumbing. Every unit is leased today at a current cap rate of 6.08%, generating approximately $57,678 in annual net operating income (about $4,807 a month before financing costs). The property currently operates at a strong 6.08% cap rate and an 11.79 GRM, offering a rare combination of healthy in-place income and future value-add potential. Expenses stay lean: ownership covers only water and sewer, while tenants handle gas, electric, and reimburse the city's SCEP/RSO fees directly. At $949,000, the property offers a strong entry point for a first-time investor and an easy addition to a growing portfolio alike. USC, Exposition Park, and Downtown LA are all close by, with easy access to the I-10, I-110, and I-405.
Listing provided by: Braulio Hoyos DRE #02110506 888-584-9427 properties@bhoyos.com, eXp Realty of California Inc
Source: CRMLS, MLS #: SB26168325
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.