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Jeffrey Bullock

[email protected]

$ 829,000

Est. payment -/mo

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Active

1502 W 62nd ST Los Angeles, CA 90047

6 Beds

6 Baths

2,652 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,652 sqft

Price per Sqft $312

MLS Listing ID 26639731

Bedrooms 6

HOA Y/N No

Year Built 1927

Lot Size 10,153 Sqft

Property Description

Offered at $138,167 per unit, 1502 W. 62nd Street is a value-add South Los Angeles multifamily opportunity with strong income and rental upside, comparing favorably to recent sales. The property sits on a 10,000+ SF lot, offering immediate functionality and future development potential. Buyers are encouraged to verify the ability to add one or more ADUs, which could further increase cash flow. Built in 1927, the property consists of six (6) 1-bedroom units averaging approximately 442 SF each. One vacant unit ready for the new owner to immediately generate income. The single-story bungalow-style layout features classic architectural details, including arched entryways, stucco facades, and private entrances. The fully gated complex is centered around a wide walkway, creating a quiet residential setting. Amenities include six (6) one-car garage, mature shade trees, open green space, and a large shared yard that enhances tenant appeal. Located in an established South Los Angeles neighborhood, the property offers convenient access to schools, shopping, and local services, making it a solid long-term investment with upside.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Spaces 6.0

Garage Description 6.0

Total Parking Spaces 8

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6002027029

Special Listing Condition Standard

Listed by George Morales Compass

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

8

Global Education Academy

Public | KG - 5
8

Synergy Charter Academy

Public | KG - 5
8

Celerity Dyad Charter

Public | KG - 8
7

Huerta Elementary

Public | PK - 5
7

New Heights Charter

Public | KG - 8
7

Aspire Juanita Tate Academy

Public | KG - 6
6

Kipp Empower Academy

Public | KG - 4
6

Menlo Avenue Elementary

Public | KG - 5
6

Watts Learning Center

Public | KG - 5
6

Thirty-Second Street Usc Performing Arts

Public | KG - 12
6

99th Street Elementary School

Public | PK - 6
5

City Charter Elementary School

Public | KG - 5
5

Celerity Nascent Charter

Public | KG - 8
5

Kipp Academy of Opportunity

Public | 5 - 8
5

74th Street Elementary School

Public | KG - 5
5

Bright Elementary School

Public | KG - 5
5

Kipp Scholar Academy

Public | 5 - 8
5

La Salle Avenue School

Public | KG - 5
5

Dr. Theo. T. Alexander Jr., Science Center

Public | KG - 5
5

Accelerated

Public | KG - 8

Middle Schools 20

6

Alliance Ouchi-O'Donovan 6-12 Complex

Public | 6 - 12
6

Alliance College-Ready Middle Academy No. 4

Public | 6 - 8
4

Foshay Learning Center

Public | 6 - 12
4

John Adams Middle School

Public | 6 - 8
2

Grace Hopper STEM Academy

Public | 6 - 8
2

Albert F. Monroe Elementary School

Public | 6 - 8
2

Bethune Middle School

Public | 7 - 8
1

Audubon Middle School

Public | 6 - 8
1

View Park Preparatory Accelerated Charter Middle School

Public | 6 - 8
1

Century Academy for Excellence

Public | 6 - 8
1

Horace Mann Junior High School

Public | 6 - 8
1

Barack Obama Global Preparation Academy

Public | 6 - 8
1

Global Education Academy Middle School

Public | 6 - 8
1

John Muir Middle School

Public | 6 - 8
1

Bret Harte Preparatory

Public | 6 - 8
1

William Jefferson Clinton Middle School

Public | 6 - 8
1

Watts Learning Center Charter Middle School

Public | 6 - 8
1

Los Angeles Academy Middle School

Public | 6 - 8
1

George Washington Carver Middle School

Public | 6 - 8
0

Alliance College-Ready Middle Academy No. 7

Public | 6 - 8

High Schools 20

8

Animo Inglewood Charter High School

Public | 9 - 12
8

Wallis Annenberg High School

Public | 9 - 12
8

Alliance College-Ready Academy High No. 5

Public | 9 - 12
7

Alliance Judy Ivie Burton Technology Academy High School

Public | 9 - 12
7

Animo Jackie Robinson High School

Public | 9 - 12
6

Crenshaw Arts-Technology Charter High School

Public | 9 - 12
5

View Park Preparatory Accelerated High School

Public | 9 - 12
5

Alliance Renee and Meyer Luskin Academy High School

Public | 9 - 12
4

Synergy Quantum Academy

Public | 9 - 12
2

Augustus F. Hawkins High School - Critical Design and Gaming

Public | 9 - 12
2

Dymally High School

Public | 9 - 12
1

Dorsey High School

Public | 9 - 12
1

Morningside High School

Public | 9 - 12
1

Crenshaw Magnet High School

Public | 9 - 12
1

Manual Arts High School

Public | 9 - 12
1

Augustus F. Hawkins High School - Community Health Advocates

Public | 9 - 12
1

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

Public | 9 - 12
1

The Education Corps

Public | 9 - 12
1

College Bridge Academy

Public | 9 - 12
1

John C. Fremont High School

Public | 9 - 12

School and business data provided by Attom Data.

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