We are pleased to present 921 W 82nd St, an 11-unit property located in the heart of Los Angeles with 8 VACANT UNITS! With potential to operate at an 11.94% CAP and a 6.09 GRM upon lease up of the 8 VACANT UNITS, the property provides additional potential upside to a 14.13% CAP and a 5.32 GRM on proforma rents, allowing a buyer the ability to achieve a high-cash flow. The property consists of a two-story building constructed in 1964 with a strong and diverse unit mix of one (1) three-bedroom two-bathroom unit, two (2) three-bedroom one-bathroom units, six (6) two-bedroom one-bathroom units and two (2) one-bedroom one-bathroom units. The property features eleven (11) on-site parking spaces, with potential for an ADU(s) conversion in the tuck-under parking areas. This opportunity offers easy freeway access as it is situated just west and in close proximity to 110 Freeway as well as Popeyes, Tam’s Burgers #34, Jack in the Box, Tacos El Guero #1, Domino’s Pizza, KFC, McDonald’s, Subway and a number of other tenant amenities and conveniences. Contact the listing broker for additional information.
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