Welcome to a dream income producing investment opportunity!

This expansive 15 bed 9 bath three unit property located cnveniently on 83rd and Avalon is your way to capitalize immediately on real rents. Consisting of three 5 Bed 3 bath units rented out at $4, 200 each, the property requires little maintenance and enables effortless management.

Each unit comes with on site parking, generous open flo or plans and brand new appliances keeping tenant turnover low and making it attractive to prospective renters. Capitalize now on this 6.88% cap rate 3 unit building!

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on 831 E E 83rd St
in Los Angeles, CA
Presented by Isaac Davidi at
On Track Property.


Property MLS #24-394823 from TheMLSCLAW

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+ Bedrooms

Bedrooms: 15

+ Bathrooms

Total Bathrooms: 9
Full Bathrooms: 9

+ Heating and Cooling

Cooling Features: Central
Heating Features: Central

+ Garage and Parking

Carport Spaces: 2
Covered Spaces: 2
Garage Description: Carport Attached
Parking Total: 4

+ Land Info

Lot Size Acres: 0.1171028
Lot Size Dimensions: 40x128
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5101

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1
Number of Units: 3
Unit Features: 1 BedsTotal: 5, 1 BathsTotal: 3, 1 SquareFeet: 4200, 2 BedsTotal: 5, 2 BathsTotal: 3, 2 SquareFeet: 4200, 3 BedsTotal: 5, 3 BathsTotal: 3, 3 SquareFeet: 4200

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 6.88
Directions: Heading south on Avalon turn left on 83rd - the destination will be on your left
Source Property Type: Residential Income
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Owner Pays: Gardener
Parcel Number: 6029-014-008
Postal Code Plus 4: 3605
Zoning: LAR2
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-22
$1,695,000
TheMLSCLAW

+ Commercial Info

Net Operating Income: 116424

+ Building and Construction

Total Square Feet Living: 4813
Year Built: 2023
Common Walls: Attached
Levels: Multi Levels
Living Area Source: Builder
New Construction: Yes
Property Age: 1
Property Condition: New Construction
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Builder

+ Home Features

Other Equipment: Stackable W/D Hookup, Hood Fan, Freezer, Range/Oven, Refrigerator
Security Features: Fire Sprinklers, Gated

+ Display Complete School Details

Mckinley Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 0.7 miles away.
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Charles Drew Middle School is a public middle school located approximately 0.7 miles away.
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Miracle Baptist Christian School is a private elementary and middle school located approximately 0.2 miles away.
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