Description

We are pleased to present the opportunity to acquire 227 East 52nd Street, an 8-unit multifamily property in the South Park neighborhood of South Los Angeles. This two-story building, constructed in 1910, is situated on a 9,501 square foot lot and features 4,510 square feet of rentable space. The property is composed of four studio units, two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Each unit is individually metered for gas and electricity, and tenants enjoy the benefits of on-site laundry, gated access, and 14 uncovered parking spaces at the rear of the property. The property is professionally managed and well-maintained. Buyers are encouraged to verify the accuracy of all building records and data.Located north of Slauson Avenue and east of Broadway, the subject property is within a short distance of multiple public transportation stops along Main Street. The property is also within half a mile from South Park Recreational Center, Dr. Maya Angelou Community High School, and South Los Angeles Wetlands Park and within a mile from LA Academy Middle School. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.