SoldOct 2, 2020

Listed and Bought with Sevak Keshishian from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #20585076

634 West 92nd Street, Los Angeles, CA, 90044

$3,010,000

18106 sq. ft.

Other

•

19 days on the market

Sold: Oct 2, 2020

What's around 634 West 92nd Street

About this property

We are pleased to present the opportunity to acquire a 19-unit Apartment Building in the Vermont Vista neighborhood of South Los Angeles. Built in 1965, 634 W 92nd Street sits on a 18,106 square foot lot and offers 14,616 square feet of rentable space. The property is comprised of (17) 2 Bed/1 Bath units and (2) 3 Bed/1 Bath units and provides tenants with ample on-site parking spaces. The 19 unit apartment building is gated, individually metered for gas and electricity and has undergone renovations including a newer roof, copper plumbing throughout, completed seismic retrofitting and a newly restored second-story walkway. The property also features on-site laundry and two large storage spaces in the rear of the building that can be rented out to tenants for additional income or offered as additional private parking spaces. The property will be delivered with (1) vacant, rent-ready 2 Bed/1 Bath unit, allowing an incoming investor to immediately achieve market rents for that unit.

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