Listed By:
Braulio Hoyos with eXp Realty of California Inc; 510-283-8947
Address
1457 W 52nd, Los Angeles, CA
Price
$ 949,000
Property Attributes
  • ID#SB26168325
  • TypeMulti-Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLos Angeles
  • Area Los Angeles Southwest
  • Zip90062
  • Style
  • Year Built1922
  • Price$ 949,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2130
  • Lot Size0.1373 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
8/7/2026 Listed $949,000

General Features

Sewer Public Sewer
Possession Close Of Escrow
Roof Shingle
Pool Features None
Year Built 1922
Tenant Pays Electricity,Gas
Property Subtype Quadruplex
Gross Income 80503
Community Features Urban
County Los Angeles
Net Operating Income 57678
Operating Expense 20812
Insurance Expense 2982
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross streets Normandie Ave and 52nd St
City Los Angeles
Entry Location 52nd St & Halldale Ave
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5981
Number of Units Leased 4
Listing Terms Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Water Sewer Expense 2968
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 17
Total Actual Rent 6690
Property Sub Type Additional Quadruplex
Expected Active Date 2026-08-10
Taxes 11862
Cap Rate 6.08
PostalCity LOS ANGELES

Interior Features

Total Stories 1
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1

Exterior Features

Parking Features Assigned
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 5981
Number of Buildings 2
Spa false
Building Area Total 2130
Lot Size Acres 0.1373
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90062

Price
AVG $1.67M
$950K
Year Built
AVG 1945
1922

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