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We are pleased to present this 10- unit multifamily investment property located at 802 W 62nd Street located in Los Angeles, California. The offering is built in 1926 and sits on a 4,999 square foot lot with 3,577 square feet of rentable area consisting of 5- studio / one bathroom and 5- one bedroom / one bathroom units. Located in South L.A., this area is best known for its rapid gentrification and close proximity to Downtown, the University of Southern California, and the numerous new developments including the new Olympic Stadium, the new SoFi Stadium in Inglewood set to become the home of the L.A. Rams, and L.A. Chargers and the new Banc of California Stadium. The offering is well situated just South of Slauson Avenue and West of the I-110 Freeway, which offers easy accessibility to many of the city's popular hubs and destinations.
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