$10,000 Closing Credit¹
#SB24162218, Erica Ruiz, Listing Office: Casa Bella Realty Group
#SB25020176·
Listing Office: Kidder Mathews of California, Inc·
Listing Agent: Vincent Cook·
Listing Office Phone: 310-405-3654
$10,000
closing credit¹
538 W 82nd St Los Angeles, CA 90044
$1,750,000 List price
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 538 W 82nd St
We are pleased to present 538 W 82nd St, a 9-unit property located in the heart of Los Angeles with 5 VACANT UNITS. Operating at a 7.11% CAP and an 9.18 GRM on current rents (with the vacant units re-rented at market rates) with potential upside to a 11.36% CAP and a 6.31 GRM on pro-forma rents, this building provides a buyer with the ability to achieve a high-cash flow. The property consists of two-story building constructed in 1962 with a strong unit mix of 7 two-bedroom units and 2 one-bedroom units, with three 2-bedroom units and 2 1-bedroom units delivered VACANT and rent ready. The property also features 9 onsite parking spaces with (4) carport spaces, providing potential for an ADU(s) conversion, as well as 5 uncovered spaces in the rear. 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.
Highlights
Home typeCondominium
StatusActive
Lot size0.2139 Acres
Year built1962
ParkingAssigned
MLS #SB25020176
Summary
- MLS Number: SB25020176
- MLS Name: CRMLS
- Office Name: Kidder Mathews of California, Inc
- Office Phone: (310) 405-3654
- Listing Agent: Vincent Cook
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/15/2025, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,750,000
538 W 82nd St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 11, 2021 | Home Sold | $1,480,000 |
| Jan 25, 1988 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,539,792 | $19,855 |
| 2023 | $1,509,600 | $19,492 |
| 2022 | $1,480,000 | $18,628 |
| 2021 | $424,372 | $6,305 |
| 2020 | $420,021 | $5,802 |
| 2019 | $411,786 | $5,609 |
| 2018 | $403,713 | $5,503 |
| 2017 | $395,798 | $5,503 |
History based on county public records data.
Nearby schools
6
Kipp Empower Academy
Public Charter KG-4
0.2 mi
•8466 S Figueroa St
6
Manchester Elementary School
Public District 1-6
0.4 mi
•661 W 87th St
4
Loren Miller Elementary School
Public District KG-6
0.5 mi
•830 W 77th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,120. The majority of Los Angeles, CA residents have income less than $<35k annually. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
44%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
31%
Single, No Kids
34%
Single, with Kids
6%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
13%
12-17 yrs old
30%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 538 W 82nd St
This home is located at 538 W 82nd St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $1,750,000.
Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.