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627 W 82nd Street

Los Angeles, CA 90044

– beds
– baths
– sqft
9,302 sqft lot
1924 build
– on site

Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 10.29% Pro-Forma Cap Rate & 7.01 Pro-Forma GRM | 6.60% Current Cap Rate & 9.56 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $195,000 Per Unit & $278 Per SF

Listed By CRMLS_CA / Jonathan Nikfarjam / Shield CRE, Inc.

Last checked: Checking… • Last updated May 21, 2025 •

MLS# 25541557 —

The Building

Year Built:

1924
Year Built Source:

Other
New Construction:

No
Building Area Total:

3505.00
Total Number Of Units:

5
# of Buildings:

2
Stories Total:

2
# of Separate Gas Meters:

5
# of Separate Electric Meters:

5

Interior

Levels:

Two, One

Location

Directions:

West of Figueroa Street, East of Hoover Street, South of 81st Street, North of 83rd Street
Latitude:

33.96463200
Longitude:

-118.28506200

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

9302.0000
Lot Size Acres:

0.2135
Lot Size SqFt:

9302.00
Lot Size Source:

Estimated

Listing Agent

Contact info:

Taxes

Taxes Percent:

1.25

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6032023025

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned, Garage, Uncovered
Parking Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/20/25 May 20, 2025	Listed / Active	CRMLS_CA	$975,000	18.2% (2.4% / YR)
9/25/17 Sep 25, 2017		CRMLS_CA	$825,000

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This multifamily located in South LA, Los Angeles, CA 90044 is currently for sale for $975,000. 627 W 82nd Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 627 W 82nd Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 67, making it somewhat walkable. This multifamily is in the attendance area of Mary Mcleod Bethune Middle School, Manchester Avenue Elementary, Mervyn M Dymally Senior High, and Danny J. Bakewell Sr. Primary Center.

Listing Courtesy of: CRMLS_CA and Shield CRE, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on May 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.