1502 W 62nd Street, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1502 W 62nd Street,Los Angeles, CA 90047
$829,000
- 6 Beds
- 6 Baths
- 2,652 sq. ft.
- Multi-family
- Active
Listed by: george morales
Office: compass
MLS#:26639731
Source:CRMLS
Price summary
- Price:$829,000
- Price per sq. ft.:$312.59
About this home
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.
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Home facts
- Year built:1927
- Listing ID #:26639731
- Added:5 day(s) ago
- Updated:January 23, 2026 at 11:38 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Living area:2,652 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1927
- Building area:2,652 sq. ft.
- Lot area:0.23 Acres
Finances and disclosures
- Price:$829,000
- Price per sq. ft.:$312.59
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