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924 W 82Nd St Los Angeles, CA 90044

For Sale
$965,000

Four single-story units on a large lot in Los Angeles.

Lot size:
0.21 Acres

Property Features for 924 W 82Nd St

General Information

Lot size
0.21 Acres

Building Details

Year built
1923

Source: Estate Properties

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Four Units on Large Lot

This residential asset features four single-story units situated on a 9,299-SF lot. The property is located in a rapidly gentrifying and revitalized neighborhood of Los Angeles. The unit mix includes two 4-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units. The property has LAR3 TOC Tier 3 zoning, allowing for the construction of up to 20 units. The TOC Tier 3 zoning provides a high-density bonus allowance with no subterranean parking required and only 0.5 parking spaces per unit. There is a value-add opportunity with approximately 33% in rental upside. The property is located 3 miles from SoFi Stadium, YouTube Theatre, The Forum, and Intuit Dome (NBA Clippers Arena). It qualifies for residential financing.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.29004
Latitude
33.96415

FAQs

What type of property is this?
Quadplex - Four single-story units on a large lot in Los Angeles.
Where is this quadplex located?
The property is located at 924 W 82Nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: - Rare LAR3 TOC Tier 3 Zoning allows building up to 20 units with high-density bonus, no subterranean parking required, and only 0.5 parking spaces per unit.; - Tremendous Value-Add Opportunity with approximately 33% rental upside.; - Located in a rapidly gentrifying and revitalized Los Angeles neighborhood.
More about this property
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