9
See all 9 photos
$1,148,000
Est. payment /mo
8 Beds
6 Baths
2,869 SqFt
New
1046 W 83rd ST Los Angeles, CA 90044
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,869 sqft
Price per Sqft $400
MLS Listing ID 26859233
Bedrooms 8
HOA Y/N No
Year Built 1927
Lot Size 5,257 Sqft
Property Description
1046 W 83rd Street presents a rare opportunity to acquire a beautifully renovated six-unit multifamily asset in the heart of Los Angeles. The property originally consisted of a triplex. In 2025, ownership completed construction of two detached ADUs, which are exempt from rent control. In 2026, ownership converted the original triplex into a fourplex after gutting and fully upgrading the interiors of all original units. Four units are currently vacant, allowing a new owner to lease at market rents with minimal additional capital investment. Major system upgrades, including new electrical, copper plumbing, and brand new ADU construction, substantially reduce future capital expenditure risk. Strategically located near the Evermont mixed-use development, USC, major employment centers, and convenient freeway and transit access, the property offers investors an attractive combination of strong long-term rental demand and projected stabilized returns.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6033023003
Special Listing Condition Standard
Listed by Kelly Morgan Houze Real Estate Management #01898026
NEARBY SCHOOL & BUSINESS
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