Map location of 254 W 83rd, Los Angeles, CA 90003
$1,300,000
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254 W 83Rd, Los Angeles, CA 90003

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6 Beds
4 Baths
- Sq Ft

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 aligns with solid returns in this market and given potential for growth.

Listing By: Edith Villa - Century 21 Realty Masters casmls-r Realty.com
  • MLS# DW25246676
  • Date Listed10/24/2025
  • Days on Realty 26 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size 0.16 acres (6,758 sq. ft)
  • County Los Angeles

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,758.00
  • Lot Features -

Directions

North of the 105 FWY East of 110FWY

Financial Considerations

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90003

Source: Walkscore

83/100

Very Walkable

Walk Score ®

65/100

Good Transit

Transit Score ®

65/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

16 nearby routes: 16 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 47/100, Bike Score: 58/100.

Points of Interest near 254 W 83rd, Los Angeles, CA 90003

Frequently Asked Questions for 254 W 83rd

Source: Realty.com

254 W 83rd, Los Angeles, CA 90003 is a Multi Family, Residential Income property listed for $1,300,000 The property is - sq. ft with 6 bedrooms and 4 bathrooms

Realty.com has 31 photos of 254 W 83rd.

The full address for this home is 254 W 83rd, Los Angeles, CA 90003.

254 W 83rd has been listed on Realty.com since Fri October 24, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 47/100, Bike Score: 58/100.

Listing provided courtesy of: Century 21 Realty Masters (tel: 562-677-1800)
Listing agent: Edith Villa (#CR-DWVILEDI)

This content last refreshed on 2025-11-19 10:19:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 254 W 83rd, Los Angeles, CA 90003 : MLS# DW25246676

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