Property Detail

Description

1457 W 52nd St is a 4-unit multifamily property consisting of two side-by-side duplexes on one lot with on-site parking, located in the heart of Vermont Square neighborhood. Each unit is a fully renovated 1 Bed/1 Bath with modern finished and updated systems, ideal for an owner-user. With a current cap rate of 5.59% and a 12.63 GRM, this asset offers a compelling blend of strong in-place cash flow and long-term value-add potential. Operating expenses are minimal, with tenants paying for trash, gas, and electricity, while the landlord is only responsible for water. Ideally located near USC, Downtown LA, and major transit corridors, this is a rare opportunity to acquire a stabilized, income-generating asset with both near term upside and long-term appreciation potential.