$1,148,000

1046 W 83rd Street, Los Angeles, CA 90044

  • 2,869 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon5,258sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $400/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
July 13, 2026
Data Last Updated:
August 12, 2026 at 8:06PM
Listing Office:
Houze Real Estate Management : 323-852-1372
Listing Agent:
Kelly Morgan : 310-836-3638
MLS ID:
CL26859233
  • A/C: Wall/Window Unit(s)
  • County: Los Angeles
  • Zoning: LAR36033023003

This listing courtesy of Kelly Morgan , Houze Real Estate Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby