Located in the heart of Los Angeles’s 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 Angeles’s broad rental market, providing both demand and appreciation upside. Neighborhood & Market Position The property is located in a stable, urban residential neighborhood of
MLS #
CRDW25246676
MLS Source
California Regional MLS
Days on Site
8
Kitchen
None
Flooring
Other
Laundry
None
Cooling
None
Roof
Shingle
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
254 W 83rd is a Residential Income in Los Angeles, CA 90003. This – square foot property sits on a 6,758 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in 1955. This address can also be written as 254 W 83rd, Los Angeles, CA 90003.
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This listing information is up-to-date as of October 27, 2025. For the most current information, please contact Edith Villa, (323) 707-2413