N/A
Bedrooms
Sold for $652,200 · Apr 2019
SOLDListed at $699,000
Los Angeles, CA
MLS# PW18254962
Daniel Lewin
Listing Agent
Marcus & Millichap
DRE #: 01932742
Brokerage: Marcus & Millichap
N/A
Bedrooms
N/A
Bathrooms
2,171 sqft
Square Feet
1910
Year Built
5,000 sqft
Lot Size
$300
Price/Sq Ft
3
Garage Spaces
N/A
HOA
Property
Property Type
Incredible Cash Flow! 7.18 CAP on Actual Existing Income. The property consists of a four-bedroom unit and two two-bedroom units as well as three garages that are rented out for additional income at $300/month each. The property has recently undergone extensive renovations by ownership, with new landscaping, a repaved driveway, exterior renovations, and a complete renovation of the four-bedroom unit and one of the two-bedroom units. Because of the upgrades, the property is generating strong cash flow and is offered at an attractive cap rate above 7% with additional upside to a 9% cap rate in the two-bedroom.units that are rented at below-market rates to long-term tenants. The property is well-located for commuters in South Los Angeles, less than two minutes from a 110 freeway on-ramp providing easy access to major employment centers in Downtown Los Angeles as well as Torrance, Gardena, and the Port of Los Angeles. The property is also easy walking distance to numerous public transportation options. Additionally, the property is less than 2 miles from the University of Southern California as well as Exposition Park which is the site of the brand new Banc of California Stadium (home to the LAFC), the world-famous Los Angeles Memorial Coliseum, and numerous museums including the under-construction $1 Billion George Lucas Museum of Narrative Art.
Listing description from the April 2019 sale, as reported to CRMLS.
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2 recorded sales
441 W 52nd Street sold for $652,200 in April 2019, 6.7% under its $699,000 list price, after 123 days on the market. It was first listed at $725,000. Across 91 closed sales in 90037 over the last 12 months, the median sold price is $715,000 and the median is $444 per square foot.
| Quarter | Closed sales in 90037 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $645,000 |
| Q2 2026 | 43 | $720,000 |
| Q3 2026 | 29 | $720,000 |
| Q4 2026 | 12 | $707,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90037
Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →
441 W 52nd Street
Contact Daniel Lewin
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Contact Listing Agent
Marcus & Millichap
DRE #01932742
Contact information is not available for this listing.