1502 West 62nd Street

Off Market

1502 West 62nd Street

Los Angeles CA 90047

2652 sq. ft.

10154 sq. ft.

Other

Last sold for $800,000

George Morales, last sold this property on 30 April 2026 after 162 days on market.

Overview

Offered at $138,167 per unit, 1502 W. 62nd Street is a value-add South Los Angeles multifamily opportunity with strong income and rental upside, comparing favorably to recent sales. The property sits on a 10,000+ SF lot, offering immediate functionality and future development potential. Buyers are encouraged to verify the ability to add one or more ADUs, which could further increase cash flow. Built in 1927, the property consists of six (6) 1-bedroom units averaging approximately 442 SF each. One vacant unit ready for the new owner to immediately generate income. The single-story bungalow-style layout features classic architectural details, including arched entryways, stucco facades, and private entrances. The fully gated complex is centered around a wide walkway, creating a quiet residential setting. Amenities include six (6) one-car garage, mature shade trees, open green space, and a large shared yard that enhances tenant appeal. Located in an established South Los Angeles neighborhood, the property offers convenient access to schools, shopping, and local services, making it a solid long-term investment with upside.

Features

6 bedrooms

6 bathrooms

8 carspaces

6 garage spaces

2652 sq. ft. floor area

10154 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 6 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1502 West 62nd Street is $800k.

Median value

$800k

Estimated value range

$700k - $1m

Median days on market

Estimated value trend

-7%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1502 West 62nd Street

2026

Sold

$800,000

30 Apr 2026 by George Morales, of Compass

Happy sellers in Los Angeles

100%

100% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 6 bedroom other properties in Los Angeles

In the last 12 months, 4 six-bedroom other properties similar to 1502 West 62nd Street, have been sold.

This represents a 400% decrease in six-bedroom other properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Los Angeles for a market analysis.

Kris De Jesus

at Berkshire Hathaway HomeServices California Properties (Cerritos, 90703)

(3 reviews)

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Kama Burton

at CMB Realty Services

(18 reviews)

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Michael Berlin

at Redfin

(30 reviews)

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Meredith Gruszka

at Pardee Properties

(4 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

Kris De Jesus

Kris De Jesus is a recommended agent for Los Angeles. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (3 reviews)
2 Reviews in Los Angeles
1 Sale in Los Angeles

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Kama Burton

Sellers who recommend Kama Burton have praised them for being local expert, responsive, clear communication, and empathetic

5 (18 reviews)
1 Review in Los Angeles
1 Sale in Los Angeles

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Michael Berlin

Sellers who recommend Michael Berlin have praised them for being local expert, detail-oriented, reliable, responsive, clear communication, great negotiation, and patient