For Sale Multi-Family MLS# 26103203

1543 W 82nd Street

Los Angeles, CA 90047

$695,000

california-regional-mls-rsd logo

About 1543 W 82nd Street

BANKRUPTCY SALE: We are pleased to present 1543 and 1545 W 82nd Street, a two-unit investment opportunity situated on an approximately 6,735-square-foot lot in South Los Angeles. The property features two detached, separately addressed three-bedroom residences with a combined building area of approximately 1,884 square feet. With six bedrooms across two homes, the property offers a unit configuration suited to households seeking the space and privacy of a detached residence. The front home, 1543 W 82nd Street, was built in 1926 and contains approximately 924 square feet with three bedrooms and one bathroom. It is currently vacant and will be delivered vacant at the close of escrow. Set behind it is 1545 W 82nd Street, an approximately 960-square-foot, three-bedroom, two-bathroom residence completed in 2008. The rear home adds a second full bathroom and is substantially newer than the original residence, creating a distinct rental offering within the property. The rear residence was constructed as an approved factory-built home installed on a state-approved foundation system, as described in the City's building permit. This permitted construction gives the property an unusual combination of a character-era front home and a later-built rear home, each with its own address and detached living space. The rear residence is exempt from the City of Los Angeles Rent Stabilization Ordinance and is subject to California's Tenant Protection Act (AB 1482) (Buyer to Verify). The property is zoned LARD2. Buyers interested in additional improvements or development should independently investigate the applicable zoning, existing improvements, permits, access, and City requirements. The rear residence is currently occupied without rent being paid, presenting an opportunity to evaluate its future income potential subject to the occupant's rights and the terms of the sale. The front home will be delivered vacant at close of escrow, allowing a buyer to set rents at market or occupy the home. Property is being sold pursuant to Chapter 7 Bankruptcy proceedings and is subject to approval by the United States Bankruptcy Court. All offers are subject to a competitive overbid process. Bankruptcy Case No. 2:26-bk-12123-DS. Property is being sold strictly AS-IS, WHERE-IS, WITH ALL FAULTS, without representation or warranty, express or implied, by the Seller, Trustee, Trustee's brokers, or Bankruptcy Estate and their agents and employees including Trustee's counsel and accountants. Buyer and Buyer's Broker are responsible for conducting all desired inspections and investigations and shall rely solely upon their own independent due diligence. Contact Listing Agent for Offering Memorandum.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1926
Stories
1
Living area
1,884 sqft
Price / sqft
$369
Lot
0.1547
Original price
$695,000
MLS #
26103203

Interior

Appliances
Washer
Heating
Floor Furnace
Cooling
Wall/Window Unit(s)
Laundry
Inside, Stacked

Exterior & lot

Features
Parking spaces: 4
Construction
1
Lot
LARD2
Parking
Driveway, Uncovered

Schools

District
Los Angeles Unified School District

Financial

Parcel
6034011023
Special conditions
Bankruptcy Property

Location

Area
C36 - Metropolitan Southwest
County
Los Angeles
Neighborhood
Manchester Square
Directions
From the 110 Freeway, exit Manchester Avenue and head west. Turn right (north) onto Normandie Avenue, then left (west) onto W 82nd Street. Property is located between Normandie Avenue and Western Avenue at 1543 W 82nd Street, Los Angeles, CA 90047.

Ask about this property

Questions on 1543 W 82nd Street, Los Angeles, CA 90047, or want to see it in person?

Listed by Derrick Vartanian, Lyon Stahl Investment Real Estate, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.