$949,000
 $5,094 est/mo Sourced by Back At You

1457 W 52nd,Los Angeles, CA 90062

Los Angeles, CA 90062

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Description

2 Duplexes on 1 Lot! 1457 W 52nd St is a fully renovated, 100%-occupied four-unit investment in the Vermont Square pocket of South LA - a ~6,000 SF corner parcel holding two matching duplexes, each with a pair of 1-Bed/1-Bath units finished with new flooring, updated kitchens, a new roof, and all-new plumbing. Every unit is leased today at a current cap rate of 6.08%, generating approximately $57,678 in annual net operating income (about $4,807 a month before financing costs). The property currently operates at a strong 6.08% cap rate and an 11.79 GRM, offering a rare combination of healthy in-place income and future value-add potential. Expenses stay lean: ownership covers only water and sewer, while tenants handle gas, electric, and reimburse the city's SCEP/RSO fees directly. At $949,000, the property offers a strong entry point for a first-time investor and an easy addition to a growing portfolio alike. USC, Exposition Park, and Downtown LA are all close by, with easy access to the I-10, I-110, and I-405.

Details

MLS #SB26168325
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site29
Listing Provided ByeXp Realty of California Inc | Braulio Hoyos

Features

SQ Feet2,130
Story(s)1
Units4
Building(s)2
Acreage0.14

Exterior

RoofShingle
Lot FeaturesCorner Lot

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90062
AreaC34 Los Angeles Southwest
Listing VS Median (in 90062)
Price:
$949,000
low | high
Med:
$800,000
65.700737618546% of Average
sqft:
2,130
low | high
Med:
1,784
66.244131455399% of Average
$ / sqft:
$446
low | high
Med:
$453
48.269038011771% of Average
On site:
29
low | high
Med:
49
59.183673469388% of Average
Sourced by Back At You

Market Activity 90062

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90062
AreaC34 Los Angeles Southwest
Listing VS Median (in 90062)
Price:
$949,000
low | high
Med:
$800,000
65.700737618546% of Average
sqft:
2,130
low | high
Med:
1,784
66.244131455399% of Average
$ / sqft:
$446
low | high
Med:
$453
48.269038011771% of Average
On site:
29
low | high
Med:
49
59.183673469388% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $711K - $1.186M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1430 W 51st Property Photo 1
$599,000
1430 W 51st
Los Angeles, CA 90062
Listing Updated: September 3, 2026 at 10:55:14 AM PDT
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