NOT LISTED FOR SALE
15 Beds
6 Baths
5,195 Sq Ft
6,800 Sq Ft Lot

Sale Details

Date Sold: November 6, 2024

Last sale price $1,025,000 $197 Per Sq Ft

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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,800 Sq Ft Lot

Parking

  • 6 Parking Spaces

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

6,800 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 21, 2024
Sold by
Bought by
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2022
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,025,000 Commonwealth Land Title Compan
-- None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,125,000
Closed $1,099,500
Closed $950,000
Previous Owner $210,000
Previous Owner $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,308 $1,025,000 $825,000 $200,000
2024 $17,603 $1,378,530 $546,210 $832,320
2023 $17,278 $1,351,500 $535,500 $816,000
2022 $2,293 $105,515 $23,756 $81,759
2021 $2,237 $103,447 $23,291 $80,156
2019 $2,205 $100,381 $22,601 $77,780
2018 $2,068 $98,413 $22,158 $76,255
2016 $1,895 $94,594 $21,299 $73,295
2015 $1,878 $93,175 $20,980 $72,195
2014 $1,920 $91,351 $20,570 $70,781
Source: Public Records

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Map

Source: The MLS

MLS Number: 24-388361

The MLS
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