56
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$2,849,999
Est. payment /mo
6,721 Sqft Lot
New
1507 W 83rd ST Los Angeles, CA 90047
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26177623
HOA Y/N No
Year Built 2026
Lot Size 6,721 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional brand-new construction 6-unit multifamily investment opportunity in Los Angeles. This property features six thoughtfully designed unit mix of a 3-bedroom/3.5 bathroom, 2-bedroom/2 bathroom, two 3-bedroom/3 bathroom, a 3-bedroom/2 bath, and 2 bedroom/1.5 bathroom layouts. Each unit has a designated parking space/garage. Each tenant will enjoy ample natural light, spacious open-concept floor plans, and in-unit laundry hook-ups.
Designed for maximum rental income and minimal maintenance, the building includes premium upgrades such as energy-efficient HVAC, quartz countertops, and solar panels. Each unit's kitchen is equipped with stainless steel appliances; microwaves, stoves, refrigerators, and dishwashers. Situated in a highly desirable rental market with close proximity to parks such as, Circle Park or Vermont Miracle Park, to major freeways and less than 10 miles from the heart of DTLA. This property offers strong tenant demand and excellent long-term capitalization. This property is non-rent control, with water meter submetered, and delivers and estimated 6.2% pro forma cap rate based on projected market rents. Perfect for both 1031 exchanges and savvy investors seeking a stabilized, turn-key portfolio addition.
Designed for maximum rental income and minimal maintenance, the building includes premium upgrades such as energy-efficient HVAC, quartz countertops, and solar panels. Each unit's kitchen is equipped with stainless steel appliances; microwaves, stoves, refrigerators, and dishwashers. Situated in a highly desirable rental market with close proximity to parks such as, Circle Park or Vermont Miracle Park, to major freeways and less than 10 miles from the heart of DTLA. This property offers strong tenant demand and excellent long-term capitalization. This property is non-rent control, with water meter submetered, and delivers and estimated 6.2% pro forma cap rate based on projected market rents. Perfect for both 1031 exchanges and savvy investors seeking a stabilized, turn-key portfolio addition.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Central
Cooling Central Air, Electric
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Story 3
Water Public
Others
Tax ID 6034014015
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by David Mejia Keller Williams Realty 310-508-6116, DRE #02251745
NEARBY SCHOOL & BUSINESS
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