1723 W 52nd St Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated payment $5,644/month
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.
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
Map
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 |
|---|---|---|---|---|
| 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 |
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 |
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 |
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 |
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Source: The MLS
MLS Number: 25543155
APN: 5003-005-023
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