1046 W 83rd Street Los Angeles, CA $ 1,148,000
1046 W 83rd Street
$ 1,148,000
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1046 W 83rd Street

Los Angeles, CA, 90044
$ 1,148,000
Bedrooms8 Baths1.0 Sq 2,869

Monthly Estimate*

$ 7,249

Listed by Houze Real Estate Management
1046 W 83rd Street, Los Angeles, CA 90044 - Image 1
1046 W 83rd Street, Los Angeles, CA 90044 - Image 2
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1046 W 83rd Street, Los Angeles, CA 90044 - Image 8
1046 W 83rd Street, Los Angeles, CA 90044 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,148,000 with 8 bedrooms and 1 full bath. This 2,869 square foot home was built in 1927 on a lot size of 0.1207.

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.

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Multi-Family Active

Price

$ 1,148,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1207

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26859233

Days on Market

1

Features
General
Living Area 2869
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1927
Levels Multi/Split
Gross Income 147960
County Los Angeles
Net Operating Income 106867
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Located south of Florence Avenue north of Manchester Avenue west of Vermont Avenue and east of Western Avenue.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 6
MLS Area C36 - Metropolitan Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5259
Standard Status Active
Year Built Source Assessor
Cap Rate 9.31
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Interior
Total Stories 0
Air Conditioning Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 6
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Exterior
Total Parking 0
Lot Size Area 5259
Number of Buildings 2
Building Area Total 2869
Lot Size Acres 0.1207
Lot Size Source Assessor
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* Excluded Features
List By
Houze Real Estate Management

Broker

Kelly@KellyMorganCommercial.com

Email

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$7,249
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Monthly Principal & Interest
$7,249
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$1,148,000 Listed Price

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1046 W 83rd Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $1,148,000 with 2,869 sqft and a lot size of 0.1207. 1046 W 83rd Street has 8 bedrooms, 1.0 baths, and was built in 1927. The property's zip code is 90044 which is in Los Angeles, CA