1621 W 82nd Street, Los Angeles, CA 90047

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Sold Price
$629,000
List Price
$699,000
Closing Date
Oct 30, 2025
Status
CLOSED
MLS#
IN25166362
Year Built
1940
Lot Size
6,759
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
33
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Triplex

Property Description

Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! This triplex offers a CAP Rate upwards of 7.4%! Additional BONUS of at least 95% upside in rents! Great value add opportunity. Zoned RD2. Endless possibilities. Fix and flip / lease up or Park your 1031 Exchange. Convert garages to ADUs for additional income or explore the full re-development route and take advantage of the One Big Beautiful Bill that brings back 100% bonus depreciation! All 3 units are separately metered for gas and electric. Tenants pay for all utilities except water/sewer. New flooring and new paint in unit 1625. Copper plumbing throughout the property. Perfect for owner user or get your own tenant at market rent! This property is gated for privacy and is priced to sell! Conveniently located close to schools, SoFi Stadium, Intuit Dome, Forum, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Long-term tenants. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered with existing tenants and one unit available to lease up. Download the OM Package to obtain more info. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy themselves on ALL aspects of the property.

Additional Information

Pool Description
None
View
None
Exterior Construction
Stucco
Garage Spaces Total
3
Sewer
Public Sewer
Water
Private
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$64,440
Operating Expense
12863
Garage Spaces
3
Parking Spaces
3

Listing courtesy of Listing Agent: Bryan Castillo (b.castillo@castillorealtygroup.com) from Listing Office: Castillo Realty Group, Inc..

Listing sold by Miriam Wydermyer from Realty One Group United

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.