$1,025,000
SOLD NOV 6, 2024

840 W 52nd St Los Angeles, CA 90037

Vermont Square Neighborhood
15 Beds
6 Baths
5,195 Sq Ft
6,800 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

18% Below List Price

170 Days on Market

About This Home

As of November 2024

We are pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 05/06/2024

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 05/06/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,800 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 5,195 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Bathrooms

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5001-003-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two, Multi/Split
  • Street Number Display: Yes
  • Living Area: 5195
  • Lot Acreage: 0.1562
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 240.62

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 60.38
  • Assessed Improvement Value: 816000
  • Assessed Land Percent: 39.62
  • Assessed Land Value: 535500
  • Total Assessed Value: 1351500
  • Assessor Parcel Number: 5001-003-010
  • Lot Size Area: 6800

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 10.83
  • Number Of Units: 5
  • Type Of Units: Residential

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $1,025,000 -18.0% $197 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,250,000 -- $241 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2024

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    2 in this area

    69 Total Sales

    Sean Rosenzweig
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Map

Source: The MLS

MLS Number: 24-388361

The MLS
California Los Angeles County Los Angeles 90037 Vermont Square

840 W 52nd St, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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