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

831 East 83rd Street

^$ 1,695,000

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New Construction

831 East 83rd Street

Los Angeles, CA, 90001

^$ 1,695,000

Studio Baths0.0 Sq 4,813

Monthly Estimate*

^$ 11,265

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

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

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

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

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

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

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

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,695,000. This 4,813 square foot home was built in 2023 on a lot size of 0.12.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.12

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024394823

Features

General

Heating Central

Cooling Central Air

Zoning LAR2

Security Features Gated Community Fire Sprinkler System

Year Built 2023

Levels Multi/Split

County Los Angeles

Net Operating Income 116424.0

New Construction Yes

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area Metropolitan South

Lot Size Square Feet 5101.0

Street Name 83rd

Standard Status Active

Year Built Source Builder

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Laundry Features Stackable

Total Baths 0

Exterior

Parking Features Attached Carport

Lot Size Area 5101.0

Building Area Total 4813.0

Lot Dimensions 40x128

Lot Size Acres 0.12

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Isaac Davidi

Listing Agent

On Track Property

Broker

Affordability Calculator

$11,265

Per Month

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

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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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,994,668

Percent of Sale Price 18%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2024	$1,695,000		Listed Price

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831 East 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 0.12. 831 East 83rd Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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831 East 83rd Street

Multi-Family Home for sale in Los Angeles, CA

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