Backup offers
$10,000 Closing Credit¹
#SR24081976, Christopher Martinez Diaz, Listing Office: Vinco Vinco Realty & Investments Inc
#WS24116816·
Listing Office: Pinnacle Real Estate Group·
Listing Agent: XIAO TU·
Listing Office Phone: 626-510-7189
$998,000 List price
821 W 62nd St Los Angeles, CA 90044
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 821 W 62nd St
Pinnacle Real Estate Group is pleased to present a 5-unit investment property with substantial value-add potential. Location! Location! Location! Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and rapidly developing city of Inglewood. This 5 unit apartments perfect for either an investor or a first time home buyer who wants to live in one unit and rent the others out. This property comprises Four 1Bedroom/1Bath and one two-bedroom unit. Upon stabilizing at market rent levels, this asset can achieve a High CAP Rate . The building is 2194 square feet and sits on a 6930square-foot lot. This property is an exceptional investment opportunity. The major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles.
Highlights
Home typeCondominium
StatusActive
Lot size0.1591 Acres
Year built1926
ParkingAssigned, On Street
MLS #WS24116816
Garage1 space
ViewCity Lights
Summary
- MLS Number: WS24116816
- MLS Name: CRMLS
- Office Name: Pinnacle Real Estate Group
- Office Phone: (626) 510-7189
- Listing Agent: XIAO TU
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: 2/22/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$998,000
821 W 62nd St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 23, 2014 | Home Sold | $500,000 |
| Sep 24, 2007 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $613,931 | $8,218 |
| 2023 | $601,902 | $8,076 |
| 2022 | $590,109 | $7,733 |
| 2021 | $578,547 | $7,635 |
| 2020 | $572,220 | $7,426 |
| 2019 | $561,000 | $7,181 |
| 2018 | $538,682 | $6,993 |
| 2017 | $528,121 | $6,993 |
History based on county public records data.
Nearby schools
4
61st Street Elementary School
Public District KG-6
0.3 mi
•6020 S Figueroa St
6
Gil Garcetti Learning Academy
Public District KG-6
0.5 mi
•612 W 68th St
3
Gerald A. Lawson Academy
Public District KG-6
0.5 mi
•929 W 69th 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 $52,455. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
39%
<35k
47%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
24%
Single, No Kids
32%
Single, with Kids
11%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 821 W 62nd St
This home is located at 821 W 62nd 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 June 8, 2024 and is currently priced at $998,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.