1543 W 82nd St, Los Angeles, CA 90047

Property Description

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.