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627 W 82nd St, Los Angeles, CA 90044

List Price: $1,150,000On Market FlagOn market
May 20, 20253,505 sqft11 beds5 baths
Listed by: Jonathan Nikfarjam
License #: 01856803
Phone #: 310-593-9868
Shield CRE, Inc.
Source:
CRMLS Logo
MLS #: 25541557

Property Description

Five-Unit Apartment on a Large 9,302-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.55% Pro-Forma Cap Rate & 8.27 Pro-Forma GRM | 5.41% Current Cap Rate & 11.28 Current GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Four) 2-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 36% in Rental Upside | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | One Unit Delivered Vacant | Gated Building with 5 Parking Spaces | Offered at $230,000 Per Unit & $328 Per SF
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,492

TurboHome Estimated Value

$991,400

$283 sqft

High Valuation
$1,040,970
$297/sqft
Normal Valuation
$991,400
$283/sqft
Low Valuation
$941,830
$269/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$283/sqft$991,400

Neighborhood: South Los Angeles

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Comparative Value

$975K

$1.11M

$1.15M

$1.28M

$1.32M

7418 S Main St, Los Angeles, CA 90003

Sale Price: $975,000

Selected Comparable

1232 W 94th St, Los Angeles, CA 90044

Sale Price: $1,115,000

Selected Comparable

9011 Orchard Ave, Los Angeles, CA 90044

Sale Price: $1,120,000

Selected Comparable

627 W 82nd St, Los Angeles, CA 90044

List Price: $1,150,000

Subject Property

602 W 53rd St, Los Angeles, CA 90037

Sale Price: $1,285,000

Selected Comparable

609 W 54th St, Los Angeles, CA 90037

Sale Price: $1,325,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
627 W 82nd St, Los Angeles, CA 90044

627 W 82nd St, Los Angeles, CA 90044

List: $1,150,000

Listed: 5/20/2025

Area:3,505 sqft
Price/sqft:$328
Beds:11
Baths:5
Year Built:—
Lot Size:9,302

Comparable Properties

COMPARABLE
Choose comps
7418 S Main St, Los Angeles, CA 90003

7418 S Main St, Los Angeles, CA 90003

Sale: $975,000

10/4/2024 • 0.85 mi

Area:3,520 sqft
Price/sqft:$277
Beds:12
Baths:6
Year Built:—
Weight:22.0%
1232 W 94th St, Los Angeles, CA 90044

1232 W 94th St, Los Angeles, CA 90044

Sale: $1,115,000

10/11/2024 • 1.19 mi

Area:4,225 sqft
Price/sqft:$264
Beds:10
Baths:5
Year Built:—
Weight:20.4%
9011 Orchard Ave, Los Angeles, CA 90044

9011 Orchard Ave, Los Angeles, CA 90044

Sale: $1,120,000

9/12/2024 • 0.71 mi

Area:3,785 sqft
Price/sqft:$296
Beds:10
Baths:6
Year Built:—
Weight:19.9%
609 W 54th St, Los Angeles, CA 90037

609 W 54th St, Los Angeles, CA 90037

Sale: $1,325,000

12/27/2024 • 1.99 mi

Area:3,715 sqft
Price/sqft:$357
Beds:12
Baths:6
Year Built:—
Weight:19.2%
602 W 53rd St, Los Angeles, CA 90037

602 W 53rd St, Los Angeles, CA 90037

Sale: $1,285,000

9/10/2024 • 2.02 mi

Area:3,321 sqft
Price/sqft:$387
Beds:10
Baths:6
Year Built:—
Weight:18.6%

Nearby Listings

8 similar properties within 5 miles

Property placeholder924 W 82nd St, Los Angeles, CA 90044
List Price: $965,000

924 W 82nd St, Los Angeles, CA 90044

10 bd 6 ba 3,990 sqft

TurboHome Est. Value:

$974,600

Property placeholder8715 Regina Ct, Los Angeles, CA 90044
List Price: $1,175,000

8715 Regina Ct, Los Angeles, CA 90044

12 bd 6 ba 4,085 sqft

TurboHome Est. Value:

$1,081,300

Property placeholder1366 W 37th Pl, Los Angeles, CA 90007
List Price: $990,000

1366 W 37th Pl, Los Angeles, CA 90007

10 bd 6 ba 3,678 sqft

TurboHome Est. Value:

$977,900

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