$899,000
$60K PRICE DROP

Estimated payment $5,644/month

Total Views 2,666
8 Beds
7 Baths
1,827 Sq Ft
$492 Price per Sq Ft

About This Home

Located at 1723-1725 W 52nd Street in the rapidly evolving neighborhood of South Los Angeles, this cash-flowing duplex with a converted garage offers an existing 7.80% cap rate and 8.86 GRM. The building's current configuration generates strong rents, as the previous owner added 5 bathrooms, kitchenettes, and exterior entrances to the front building and detached garage. Priced to sell as a duplex, a new owner will benefit from a property with 5 legal units and additional square footage once the ADU registrations are completed. The current owner is in the process of registering 3 additional units for a total of 5 units. A junior ADU will be attached to the back of the original duplex building. The former garage will become 2 detached ADUs. Each unit can enjoy its own assigned parking space at the front of the property. Currently, the property has 5 units rented as studios. There are 2 vacant studio units and 1 vacant 2-bedroom, 1-bathroom unit. The property can be delivered vacant, allowing a new owner to renovate the vacant units or rent them out in their current condition. This blended strategy is ideal for the savvy investor looking to capitalize on strong cash from day one as well as potentially add value through renovated units, legalizing non-conforming square footage, and/or adding new ADU units. *Buyer to conduct own due diligence and verify all information that is provided for reference purposes only.

Listing Agent

Nicole Lu

Maher Commercial Realty License #02045957 Listed on: 05/20/2025

Maher Commercial Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,061

Year Built

  • Built in 1924

Lot Details

  • 5,462 Sq Ft Lot

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Community Details

  • 2 Units
  • Vacancy Allowance $5,071

Listing and Financial Details

  • Assessor Parcel Number 5003-005-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,061

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1827
  • Lot Acreage: 0.1254
  • Year Built: 1924
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 492.06

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Percent: 24.09
  • Assessed Improvement Value: 175099
  • Assessed Land Percent: 75.91
  • Assessed Land Value: 551828
  • Total Assessed Value: 726927
  • Assessor Parcel Number: 5003-005-023
  • Lot Size Area: 5462

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.86
  • Number Of Units: 2
  • Total Annual Expense: 31297
  • Type Of Units: 2+1,1+1,Stud
  • Vacancy Allow: 5071
  • Vacancy Rate: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $9,061 $741,464 $562,864 $178,600
2024 $9,061 $726,927 $551,828 $175,099
2023 $8,891 $712,674 $541,008 $171,666
2022 $8,486 $698,700 $530,400 $168,300
2021 $8,376 $685,000 $520,000 $165,000
2019 $2,976 $225,943 $165,329 $60,614
2018 $2,885 $221,514 $162,088 $59,426
2016 $2,746 $212,914 $155,795 $57,119
2015 $2,708 $209,717 $153,455 $56,262
2014 $2,732 $205,610 $150,450 $55,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $899,000 -5.3% $492 / Sq Ft
07/18/2025 07/18/25 Price Changed $949,000 +5.6% $519 / Sq Ft
07/17/2025 07/17/25 Price Changed $899,000 -4.3% $492 / Sq Ft
06/26/2025 06/26/25 Price Changed $939,000 -2.1% $514 / Sq Ft
05/20/2025 05/20/25 For Sale $959,000 +40.0% $525 / Sq Ft
10/29/2020 10/29/20 Sold $685,000 -5.5% $375 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $725,000 -- $397 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $685,000 Commonwealth Land Title
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity
Gift Deed -- --
Gift Deed -- --
Gift Deed -- South Coast Title
Grant Deed $127,000 South Coast Title
Individual Deed $86,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,500 New Conventional
Previous Owner $174,000 New Conventional
Previous Owner $136,000 Stand Alone First
Previous Owner $126,056 FHA
Previous Owner $87,720 VA
Source: Public Records

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Source: The MLS

MLS Number: 25543155

The MLS

APN: 5003-005-023