212 E 62nd St
Los Angeles, CA 90003
6 Beds4 Baths1,996 Sq Ft38 Days on Market
For Sale $550,000
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Courtesy of Kidder Mathews of California, Inc.
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 212 E 62nd St, 4-unit property located in Los Angeles. This opportunity is situated in close proximity to the 110-freeway offering easy access to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum. The property's central location is also a short drive to neighboring cities such as Crenshaw/Leimert Park, Inglewood, Huntington Park and Walnut, offering tenants numerous nearby amenities. Priced attractively at $137,000 per unit and at $276/ sf, this value-add opportunity presents over 370% upside in rents to a 4.68 GRM and a 17.23% CAP at market. All units are currently occupied with low rents providing an enormous amount of upside. The property consists of two separate structures constructed in 1928 with a unit mix of 2 two-bedroom units and 2 one-bedroom units. The property also features four 1-car garages in the rear accessible from the alley providing potential for ADU conversions.
MLS# 24450065 • Data provided by CRMLS
Living Area | 1,996 Sq.Ft. |
---|---|
Lot Size | 5,123 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1928 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $6,163 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$540,656
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage
212 E 62nd St., Los Angeles, CA 90003
Multifamily6 Beds4 Baths1,996 Sq Ft38 Days on Market
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 212 E 62nd St, 4-unit property located in Los Angeles. This opportunity is situated in close proximity to the 110-freeway offering easy access to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum. The property's central location is also a short drive to neighboring cities such as Crenshaw/Leimert Park, Inglewood, Huntington Park and Walnut, offering tenants numerous nearby amenities. Priced attractively at $137,000 per unit and at $276/ sf, this value-add opportunity presents over 370% upside in rents to a 4.68 GRM and a 17.23% CAP at market. All units are currently occupied with low rents providing an enormous amount of upside. The property consists of two separate structures constructed in 1928 with a unit mix of 2 two-bedroom units and 2 one-bedroom units. The property also features four 1-car garages in the rear accessible from the alley providing potential for ADU conversions.
MLS# 24450065 • Data provided by CRMLS
Living Area | 1,996 Sq.Ft. |
---|---|
Lot Size | 5,123 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1928 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $6,163 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
For Sale $550,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.
212 E 62nd St
Los Angeles, CA 90003
6 Beds4 Baths1,996 Sq Ft38 Days on Market
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 212 E 62nd St, 4-unit property located in Los Angeles. This opportunity is situated in close proximity to the 110-freeway offering easy access to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum. The property's central location is also a short drive to neighboring cities such as Crenshaw/Leimert Park, Inglewood, Huntington Park and Walnut, offering tenants numerous nearby amenities. Priced attractively at $137,000 per unit and at $276/ sf, this value-add opportunity presents over 370% upside in rents to a 4.68 GRM and a 17.23% CAP at market. All units are currently occupied with low rents providing an enormous amount of upside. The property consists of two separate structures constructed in 1928 with a unit mix of 2 two-bedroom units and 2 one-bedroom units. The property also features four 1-car garages in the rear accessible from the alley providing potential for ADU conversions.
MLS# 24450065 • Data provided by CRMLS
Living Area | 1,996 Sq.Ft. |
---|---|
Lot Size | 5,123 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1928 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $6,163 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$540,656
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
For Sale $550,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.