List Search

1046 W 83rd St
Los Angeles, CA 90044 South Central LA

$1,148,000 USD

Apartments For Sale  •  2,869 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,869 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1927
  • Zoning LAR3
70 Transit Score
60 Walk Score

Highlights

Financial Metrics: Projected 9.31% Cap Rate and 7.76 GRM
Non Rent Control Units: Two detached ADUs exempt from LA City Rent Control.
Vacancies: Five vacant units ready for lease-up at market rents.
Major Capital Improvements Completed: New 400-amp electrical system, copper plumbing, and newly constructed ADUs (2026).
Location Benefits: Easy access to Downtown LA, Inglewood, LAX, I-110, and I-105, plus future connectivity via Metro's Vermont Transit Corridor BRT.
Nearby Developments: Just 0.5 miles from Evermont and near USC, offering access to jobs, retail, transit, and a strong renter base.

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak) 14 min - 9.2 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 15 min - 9.6 mi
AirportDriveWalkDistance
Los Angeles International 15 min - 7.9 mi
Long Beach (Daugherty Field) 23 min - 16.8 mi
Bob Hope 33 min - 24.4 mi
Kyana Morgan 310-740-4581 Houze Real Estate
Kyana Morgan 310-740-4581 Houze Real Estate