313 E 52nd St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $6,765/month
Total Views
2,134
8
Beds
7
Baths
4,680
Sq Ft
$224
Price per Sq Ft
Highlights
- Midcentury Modern Architecture
- Two Homes on a Lot
- Laundry Room
- Property is near a park
- Park
- 4-minute walk to South Park Recreation Center
About This Home
A rare investment opportunity consisting of 4,680 sq ft, 8 bedrooms/7baths: a total of seven units on a 9,508 sq ft lot generating steady rental income with low overhead and strong upside. The front property is a freestanding 2bed/1bath home with long-term tenants, while a two‑story rear structure houses six identical 1 bed/1 bath apartments--each with its own dedicated parking space. A major roof replacement was completed on the larger building roughly three years ago, reducing capital expense.Situated just south of Downtown L.A., this property is a mere 10‑minute drive from the heart of the city and only around 3 miles from USC--making it a highly desirable location for student housing, faculty rentals, and young professionals. Easy access to the I‑110 freeway and local transit routes enhances tenant mobility.For outdoor enthusiasts, the scenic South L.A. Wetlands Park--an award-winning 9‑acre ecological reserve--lies within walking or biking distance, offering trails and green space perfect for daily exercise. Additional nearby recreation includes Augustus F. Hawkins Nature Park and the sports fields and pool at South Park Recreation Center, plus cultural attractions and open space at Exposition Park just a few minutes away.Convenient retail and services are within a mile, including Juanita Tate Marketplace, grocery stores, fitness centers, and neighborhood restaurants.Total parking for seven units is rare in this tight rental market and with consistent unit configurations, operational efficiency is high and turnover minimal. This 7-unit complex delivers dependable income now with room to grow. For investors seeking stable cash flow, low maintenance, and a strategic South L.A. location.
Listing Agent
Metzo Realty Inc Brokerage Phone: (323) 333-0011 License #01804103 Listed on: 06/26/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 9,506 Sq Ft Lot
- Lot Dimensions are 50x190
- No Common Walls
- South Facing Home
- Wrought Iron Fence
- Block Wall Fence
- Rectangular Lot
- Level Lot
- No Sprinklers
Home Design
- Midcentury Modern Architecture
- Bungalow
- Pillar, Post or Pier Foundation
- Slab Foundation
- Composition Roof
- Partial Copper Plumbing
Interior Spaces
- 4,680 Sq Ft Home
- 2-Story Property
- Utility Room
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
- Assigned Parking
Location
- Property is near a park
- Property is near public transit
Utilities
- No Heating
- Overhead Utilities
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Two Homes on a Lot
Listing and Financial Details
- Legal Lot and Block 18 / C
- Tax Tract Number 229
- Assessor Parcel Number 5109024021
Community Details
Overview
- 2 Buildings
- 7 Units
- South L.A. Wetlands Park
Recreation
- Park
Building Details
- 7 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $8,066
- Maintenance Expense $1,200
- Trash Expense $3,912
- Water Sewer Expense $1,956
- Operating Expense $15,134
- Gross Income $77,412
- Net Operating Income $71,543
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $1,049,000 | 0.0% | $224 / Sq Ft |
| 07/31/2025 07/31/25 | Off Market | $1,049,000 | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $1,049,000 | -- | $224 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Similar Homes in the area
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22948
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