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8-Bedroom ResidentialIncome — 1046 W 83rd Street, Los Angeles, CA

$1,148,000

1046 W 83rd Street, Los Angeles, CA

$1,148,000 — 1046 W 83rd Street, Los Angeles, CA — photo 1 $1,148,000 — 1046 W 83rd Street, Los Angeles, CA — photo 2 $1,148,000 — 1046 W 83rd Street, Los Angeles, CA — photo 3 $1,148,000 — 1046 W 83rd Street, Los Angeles, CA — photo 4 $1,148,000 — 1046 W 83rd Street, Los Angeles, CA — photo 5
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About this property

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.

Property details

Bedrooms
8
Bathrooms
6
Square feet
2,869
Year built
1927
Property type
ResidentialIncome

Location

1046 W 83rd Street • Los Angeles, CA 90044

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Listed by

Kelly Morgan · Houze Real Estate Management

Listing courtesy of Houze Real Estate Management. Information deemed reliable but not guaranteed.

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