254 W 83rd, Los Angeles, CA 90003

• 4,954 sqft

Property Description

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

Listing Status:

Active

Date Added:

October 27, 2025 at 05:00AM

Listing Office:

Century 21 Realty Masters : 323-722-7300

Listing Agent:

Edith Villa : 323-707-2413

MLS ID:

CRDW25246676

Interior

• Laundry: No Hookups
• Flooring: StoneTileVinylSee Remarks
• A/C: None

Location

• County: Los Angeles

Lot

• Zoning: 6031035034
• View: Other

This listing courtesy of Edith Villa, Century 21 Realty Masters