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2 Duplexes on 1 Lot! 1457 W 52nd St is a fully renovated, 100%-occupied four-unit investment in the Vermont Square pocket of South LA - a ~6,000 SF corner parcel holding two matching duplexes, each with a pair of 1-Bed/1-Bath units finished with new flooring, updated kitchens, a new roof, and all-new plumbing. Every unit is leased today at a current cap rate of 6.08%, generating approximately $57,678 in annual net operating income (about $4,807 a month before financing costs). The property currently operates at a strong 6.08% cap rate and an 11.79 GRM, offering a rare combination of healthy in-place income and future value-add potential. Expenses stay lean: ownership covers only water and sewer, while tenants handle gas, electric, and reimburse the city's SCEP/RSO fees directly. At $949,000, the property offers a strong entry point for a first-time investor and an easy addition to a growing portfolio alike. USC, Exposition Park, and Downtown LA are all close by, with easy access to the I-10, I-110, and I-405.
| Last Updated | 8/10/2026 | Year Built | 1922 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Additional Details
| AREA | C34 - Los Angeles Southwest |
|---|---|
| LOT | 5981 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 5981 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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