1726 W 83rd, Los Angeles, CA 90047

$849,900

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List Price
$849,900
Status
ACTIVE
MLS#
OC26146811
Year Built
1938
Lot Size
6,651
Acres
0.15
Lot Location
0-1 Unit/Acre, Near Park
Days on Market
20
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Excellent Investment Opportunity! Fully occupied triplex offering immediate rental income in a prime Los Angeles location. This well-maintained income property features three 1-bedroom, 1-bathroom units, each with separate gas and electric meters, providing efficient utility management. The front unit has been remodeled, and the property offers long-term, stable tenants. Situated behind a gated front entry for added privacy and security, the property also includes a detached 2-car garage with outstanding ADU potential (Buyer to verify with the City of Los Angeles), creating an excellent opportunity for future value enhancement and increased rental income. Conveniently located just minutes from SoFi Stadium, Hollywood Park, Kia Forum, LAX, major shopping centers, dining, entertainment, and easy freeway access, this property is ideally positioned in one of Los Angeles' most active investment corridors. All tenants are currently on month-to-month rental agreements. Property is being sold subject to the existing tenancies. Buyer shall assume all existing tenancies at the close of escrow. Tenant security deposits and any prepaid rents, if applicable, will be transferred and credited to Buyer through escrow. Please do not disturb occupants.

Additional Information

Pool Description
None
Heat
None
Cooling Description
None
View
None
Roof
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$62,400
Operating Expense
11860

Listing courtesy of Listing Agent: Seyed Razavi (sam.razavi@neoremarketing.com) from Listing Office: Neo Remarketing.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.