Los Angeles, CA 90003,254 W 83rd
Los Angeles, CA 90003,254 W 83rd
Los Angeles, CA 90003,254 W 83rd
Los Angeles, CA 90003,254 W 83rd
Los Angeles, CA 90003,254 W 83rd
Los Angeles, CA 90003,254 W 83rd
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Yousuf Hussain

Yousuf Hussain

+1(858) 800-4595
$ 1,199,000
Est. payment | /mo

6 Beds

4 Baths

6,758 Sqft Lot

Save
$ 1,199,000
Est. payment | /mo
Save

6 Beds

4 Baths

6,758 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25246676

Bedrooms 6

Lot Size 6,758 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of Los Angeless Southeast corridor, this solid-income multifamily building presents an excellent investment opportunity. Built in 1955, this two-story asset features a total of 4,954 sq ft of living area on a 6,758 sq ft lot. Unit & Building Details 10 total bedrooms and 6 full bathrooms. 1 year old ROOF Structured as multiple units (6 inferred units) in a low-rise configuration. Off-street parking/garage capacity for approximately eight vehicles, providing tenant convenience and upside potential. Zoned LAC2 (multifamily residential), offering flexibility for multifamily use and potential value-add strategies Investment Highlights Proven footprint: The large unit count and low per-unit square footage provide strong flexibility for tenant mix, re-tenanting, and income growth. Value-add potential: Given the scale of the building and number of units, there is potential to increase rents, optimize expenses, and improve cap rate through active management or refurbishment. Location merits: Situated in ZIP 90003, the property benefits from access to Los Angeless broad rental market, providing both demand and appreciation upside. Neighborhood & Market Position The property is located in a stable, urban residential neighborhood of Los Angeles where demand for rental housing remains strong. With this buildings characteristicssize, unit count, parking, zoningit represents a rare offering in this submarket. Given your earlier numbers (purchase price $1.3 M, income ~$100.62 k/yr, expenses ~$32.94 k/yr), the current cap rate is approximately 5.21%, which ali

Location

State CA

County Los Angeles

Zoning Public Rec

Direction North of the 105 FWY East of 110FWY

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6031035034

Acceptable Financing Exchange

Listing Terms Exchange

MLS Router / San Diego MLS
Listed by Edith Villa Century 21 Realty Masters

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 5

    Lillian Street Elementary School

    Public | KG - 6

  • 5

    Florence Avenue Elementary School

    Public | KG - 6

  • 5

    Aspire Junior Collegiate Academy

    Public | KG - 5

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

Middle Schools 20
  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Edwin Markham Middle School

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

High Schools 20
  • 9

    King/Drew Medical Magnet High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 6

    Alliance Cindy and Bill Simon Technology Academy H

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

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Yousuf Hussain

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 800-4595

yo@soldwithyo.com

2535 Camino Del Rio S Suite 240, San Diego, CA, 92108, USA

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254 W 83rd