1507 W 83rd ST Los Angeles, CA 90047
6,721 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26148860
HOA Y/N No
Year Built 2026
Lot Size 6,721 Sqft
Property Sub-Type Apartment
Property Description
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
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Total Parking Spaces 2
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Modern
New Construction Yes
Others
Senior Community No
Tax ID 6034014015
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
