Exceptional brand-new construction 6-unit multifamily investment opportunity in Los Angeles. This property features six thoughtfully designed unit mix of a 3-bedroom/3.5 bathroom, 2-bedroom/2 bathroom, two 3-bedroom/3 bathroom, a 3-bedroom/2 bath, and 2 bedroom/1.5 bathroom layouts. Each tenant will enjoy ample natural light, spacious open-concept floor plans, and in-unit laundry hook-ups.
Designed for maximum rental income and minimal maintenance, the building includes premium upgrades such as energy-efficient HVAC, quartz countertops, and solar panels. Each unit's kitchen is equipped with stainless steel appliances; microwaves, stoves, refrigerators, and dishwashers. Situated in a highly desirable rental market with close proximity to parks such as, Circle Park or Vermont Miracle Park, to major freeways and less than 10 miles from the heart of DTLA. This property offers strong tenant demand and excellent long-term capitalization. This property is non-rent control, with water meter submetered, and delivers and estimated 6.2% pro forma cap rate based on projected market rents. Perfect for both 1031 exchanges and savvy investors seeking a stabilized, turn-key portfolio addition.
New construction
Listed by: Keller Williams Realty • David Mejia • Contact: 310-375-3511
$2,899,999
1507 W 83rd St, Los Angeles, CA 90047
16beds
16baths
6,650sqft
Multi Family
Built in 2026
-- sqft lot
$2,854,200 Zestimate®
$436/sqft
$-- HOA
What's special
- 8 days |
- 54 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
David Mejia DRE #02251745 310-508-6116,
Keller Williams Realty
Source: CRMLS,MLS#: SB26148860
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Central
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Flooring: Vinyl
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 6,650
- Total interior livable area: 6,650 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Entry location: street level
- Pool features: None
Lot
- Size: 6,722 Square Feet
Details
- Parcel number: 6034014015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $600,780
- Annual tax amount: $7,497
- Date on market: 7/9/2026
- Listing terms: Cash,Cash to New Loan
Estimated market value
$2,854,200
$2.71M - $3.00M
$2,764/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $2,899,999+392.4%$436/sqft |
Source:  CRMLS #SB26148860 Report a problem | ||
| 2/15/2024 | Sold | $589,000+365.8%$89/sqft |
Source: Public Record Report a problem | ||
| 1/7/1998 | Sold | $126,454+3.1%$19/sqft |
Source: Public Record Report a problem | ||
| 3/11/1997 | Sold | $122,652$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,497 +197% | $600,780 +230% |
| 2024 | $2,524 +5.1% | $182,033 +2% |
| 2023 | $2,400 +4.3% | $178,465 +2% |
| 2022 | $2,301 +1.7% | $174,967 +2% |
| 2021 | $2,262 -0.8% | $171,537 +1% |
| 2020 | $2,280 | $169,779 +2% |
| 2019 | $2,280 +8.8% | $166,451 +2% |
| 2018 | $2,096 | $163,188 +2% |
| 2017 | $2,096 +2.1% | $159,990 +2% |
| 2016 | $2,053 +3.1% | $156,854 +1.5% |
| 2015 | $1,991 +0.6% | $154,499 +2% |
| 2014 | $1,980 | $151,473 +2.5% |
| 2012 | -- | $147,833 +2% |
| 2011 | -- | $144,935 +0.8% |
| 2010 | -- | $143,853 -0.2% |
| 2009 | -- | $144,196 +2% |
| 2008 | -- | $141,369 +2% |
| 2007 | -- | $138,598 +2% |
| 2006 | -- | $135,881 |
| 2005 | -- | $135,881 +4% |
| 2004 | -- | $130,607 +1.9% |
| 2003 | -- | $128,214 +2% |
| 2002 | -- | $125,701 +4% |
| 2000 | -- | $120,822 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 2/10La Salle Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Horace Mann Ucla CommunityGrades: 6-12Distance: 1 mi
- 3/10George Washington Preparatory High SchoolGrades: 9-12Distance: 1.8 mi
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