1457 W 52nd St Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated payment $6,321/month
Total Views
117
4
Beds
4
Baths
2,130
Sq Ft
$514
Price per Sq Ft
About This Home
1457 W 52nd Street is a 4-unit multifamily property comprised of two side-by-side duplexes on one lot with on-site parking, located in the heart of the Vermont Square neighborhood. One unit will be delivered tenant ready at close, creating immediate upside for lease-up or an ideal opportunity for an owner-user. Each unit is a fully renovated 1-Bed/1-Bath, offering modern finishes and updated systems. With a current cap rate of 5.25% and a 13.3 GRM, this asset offers a compelling blend of strong in-place cash flow and long-term value-add potential. Operating expenses are minimal, with tenants paying for trash, gas, and electricity, while the landlord is only responsible for water. Ideally located near USC, Downtown LA, and major transit corridors, this is a rare opportunity to acquire a stabilized, income-generating asset with both near-term upside and long-term appreciation potential.
Last Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 05/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,114
Year Built
- Built in 1925
Lot Details
- 5,981 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Interior Spaces
- 2,130 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 17 / 9
- Tax Tract Number 401
- Assessor Parcel Number 5003008017
- $449 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $22,431
- Gross Income $82,293
- Net Operating Income $57,435
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,114 | $472,451 | $382,774 | $89,677 |
| 2023 | $6,005 | $463,188 | $375,269 | $87,919 |
| 2022 | $5,740 | $454,107 | $367,911 | $86,196 |
| 2021 | $5,661 | $445,204 | $360,698 | $84,506 |
| 2020 | $5,714 | $440,640 | $357,000 | $83,640 |
| 2019 | $5,499 | $432,000 | $350,000 | $82,000 |
| 2018 | $829 | $40,236 | $23,244 | $16,992 |
| 2017 | $819 | $39,448 | $22,789 | $16,659 |
| 2016 | $777 | $38,676 | $22,343 | $16,333 |
| 2015 | $771 | $38,096 | $22,008 | $16,088 |
| 2014 | $804 | $37,350 | $21,577 | $15,773 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $1,095,000 | +153.5% | $514 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $432,000 | -15.6% | $400 / Sq Ft |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- |
| 07/12/2018 07/12/18 | For Sale | $512,000 | -- | $474 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $432,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $302,400 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25120082
APN: 5003-008-017
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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