1046 W 83rd ST, Los Angeles, CA 90044
1046 W 83rd ST, Los Angeles, CA 90044
1046 W 83rd ST, Los Angeles, CA 90044
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,148,000
Est. payment /mo
8 Beds
6 Baths
2,869 SqFt
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UPDATED:

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. Five 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

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Listed by Kelly Morgan Houze Real Estate Management #01898026

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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1046 W 83rd ST

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