831 E E 83rd Street Los Angeles, CA ^$ 1,695,000

831 E E 83rd Street

^$ 1,695,000

Back to search

New Construction

831 E E 83rd Street

Los Angeles, CA, 90001

^$ 1,695,000

Bedrooms15 Baths9.0 Sq 4,813

Monthly Estimate*

^$ 11,265

Listed by On Track Property

831 E E 83rd Street, Los Angeles, CA 90001 - Image 1

831 E E 83rd Street, Los Angeles, CA 90001 - Image 2

831 E E 83rd Street, Los Angeles, CA 90001 - Image 3

831 E E 83rd Street, Los Angeles, CA 90001 - Image 4

831 E E 83rd Street, Los Angeles, CA 90001 - Image 5

831 E E 83rd Street, Los Angeles, CA 90001 - Image 6

831 E E 83rd Street, Los Angeles, CA 90001 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $1,695,000 with 15 bedrooms and 9 full baths. This 4,813 square foot home was built in 2023 on a lot size of 0.1171.

Welcome to a dream income producing investment opportunity! This expansive 15 bed 9 bath three unit property located conveniently on 83rd and Avalon is your way to capitalize immediately on real rents! Consisting of three 5 Bed 3 bath units rented out at $4,200 each, the property requires very little maintenance and enables effortless management. Each unit comes with on site parking, generous open floor plans, and brand new appliances keeping tenant turnover low and making it very attractive to prospective renters. Capitalize now on this 6.88% cap rate 3 unit building!

Multi-Family Active

Price

^$ 1,695,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1171

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394823

Days on Market

Features

General

Heating Central

Cooling CentralAir

Appliances Refrigerator

Zoning LAR2

Security Features FireSprinklerSystem GatedCommunity

Year Built 2023

Levels MultiSplit

Gross Income 151200.0

Community Features Gated

County Los Angeles

Net Operating Income 116424.0

New Construction Y

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Heading south on Avalon turn left on 83rd - the destination will be on your left

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area C37 - Metropolitan South

Lot Size Units SquareFeet

Lot Size Square Feet 5101.0

Private Pool N

Waterfront Y/N N

Carport Spaces 2.0

Carport Y/N Y

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 10

Standard Status Active

Year Built Source Builder

Cap Rate 6.88

Exterior

Parking Features AttachedCarport

Total Parking 4.0

Lot Size Area 5101.0

Number of Buildings 1

Spa N

Building Area Total 4813.0

Lot Dimensions 40x128

Lot Size Acres 0.1171

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Stacked

Total Bedrooms 15

Electric On Property Y/N N

Total Baths 9

Internal Only

Street Number 1 831

* Excluded Features

List By

On Track Property

Broker

(310) 877-9425

Phone

Affordability Calculator

$11,265

Per Month

Monthly Principal & Interest: $11,265
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,369

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2024	$1,695,000		Listed Price

Map

More homes like this one

homes for you

See all

831 E E 83rd Street, Los Angeles, CA, 90001 is a Multi-Family Home for sale at $1,695,000 with 4,813 sqft and a lot size of 0.1171. 831 E E 83rd Street has 15 bedrooms, 9.0 baths, and was built in 2023. The property's zip code is 90001 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

831 E E 83rd Street

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home