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

 Contact
- Beds
0 Baths
4,954 Sq Ft
Listing By: Edith Villa - Century 21 Realty Masters camrmls-p Realty.com

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 PositionThe 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.

  • MLS# DW25246676
  • Date Listed10/24/2025
  • Days on Realty 25 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.16 acres (6,758 sq. ft)
  • Sewer Public Sewer
  • County Los Angeles
  • Year Built 1955
  • Square Feet 4,954 sq. ft
  • Price Per Sq. Ft $262.41

Interior Features

  • Flooring See Remarks, Stone, Tile, Vinyl
  • Cooling None

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,758.00
  • Lot Features Paved

Directions

North of the 105 FWY East of 110FWY

Financial Considerations

Nearby Schools

Source: School Digger

Seventy-fifth Street Elementary School

Public • PK - 6 • Serves this home

0.54 mi

Distance

South Park Elementary School

Public • PK - 6

0.74 mi

Distance

Manchester Avenue Elementary School

Public • 1 - 6

1.06 mi

Distance

Loren Miller Elementary School

Public • PK - 6

1.14 mi

Distance

Charles W. Barrett Elementary School

Public • PK - 5

1.37 mi

Distance

Wisdom Elementary School

Public • PK - 6

1.54 mi

Distance

Sixty-first Street Elementary School

Public • PK - 6

1.55 mi

Distance

Sixty Sixth Street Elementary

Public • PK - 6

1.66 mi

Distance

Ninety-fifth Street Elementary School

Public • PK - 5

1.68 mi

Distance

Raymond Avenue Elementary School

Public • PK - 5

1.87 mi

Distance

Kipp Academy Of Opportunity

Public • 5 - 8 • Serves this home

0.39 mi

Distance

Watts Learning Center Charter Middle

Public • 6 - 8

0.74 mi

Distance

Vox Collegiate Of Los Angeles

Public • 6 - 6

1.06 mi

Distance

Alliance College-ready Middle Academy No. 4

Public • 6 - 8

1.49 mi

Distance

Mary Mcleod Bethune Middle School

Public • 7 - 8

1.55 mi

Distance

Animo Florence-firestone Charter Middle School

Public • 6 - 8

1.55 mi

Distance

Bret Harte Preparatory Middle School

Public • 6 - 8

1.68 mi

Distance

Charles Drew Middle School

Public • 7 - 8

2.26 mi

Distance

John Muir Middle School

Public • 6 - 8

2.7 mi

Distance

Thomas A. Edison Middle School

Public • 6 - 8

2.71 mi

Distance

Academy For Multilingual Arts And Science At Mervyn M. Dymally High

Public • 9 - 12 • Serves this home

0.74 mi

Distance

John C. Fremont Senior High School

Public • 9 - 12

0.85 mi

Distance

John Hope Continuation School

Public • 9 - 12

0.85 mi

Distance

Youth Opportunities Unlimited School

Public • 9 - 12

1.06 mi

Distance

Alliance Piera Barabaglia Shaheen Health Services Academy High School

Public • 9 - 12

1.06 mi

Distance

Youth Justice Coalition Youthbuild

Public • 9 - 12

1.54 mi

Distance

Green Design At Diego Rivera Learning Complex

Public • 9 - 12

2.1 mi

Distance

Performing Arts Community At Diego Rivera Learning Complex

Public • 9 - 12

2.1 mi

Distance

Communication And Technology At Diego Rivera Learning Complex

Public • 9 - 12

2.1 mi

Distance

Public Service Community School

Public • 9 - 12

2.1 mi

Distance

Frederick K.c. Price Iii School

Private • PK - 12

1.14 mi

Distance

True Education Learning Academy

Private • 01 - 12

1.87 mi

Distance

Verbum Dei High School

Private • 09 - 12

3.22 mi

Distance

Los Angeles Christian Academy

Private • 01 - 12

3.76 mi

Distance

Hawthorne Academy

Private • 07 - 12

4.73 mi

Distance

Los Angeles Computer Science Academy

Private • KG - 12

5.05 mi

Distance

Little Citizens Westside Academy

Private • 03 - 12

5.14 mi

Distance

Centinela Christian Child Dev Infant Center

Private • KG - 12

5.59 mi

Distance

Slauson Learning Center, No. 1

Private • 09 - 12

5.59 mi

Distance

Wayfinder Family Services

Private • KG - 12

5.59 mi

Distance

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 Apartment, Residential Income property listed for $1,300,000 The property is 4954 sq. ft with - bedrooms and 0 bathrooms

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

Our records indicate that 254 W 83rd was built in 1955.

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.

There are 3 schools assigned to this home. Check out the schools near 254 W 83rd. Seventy-fifth Street Elementary School (Grades: PK - 6), Kipp Academy Of Opportunity (Grades: 5 - 8), Academy For Multilingual Arts And Science At Mervyn M. Dymally High (Grades: 9 - 12)

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

This content last refreshed on 2025-11-18 16:57:03. 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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