Welcome to a dream income producing investment opportunity!

This expansive 15 bed 9 bath three unit property located conveniently 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 re quires little maintenance and enables effortless management.

Each unit comes with n site parking, generous open floor 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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