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Sold for $2,450,000
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Evelyn Baez Gonzalez • Contact: 951-902-3006
    Bought with: Happy Haus Inc.
    $2,450,000

    624 W 83rd St, Los Angeles, CA 90044

    18beds
    18baths
    6,684sqft
    Quadruplex
    Built in 2023
    -- sqft lot
    $1,945,000 Zestimate®
    $367/sqft
    $2,743 Estimated rent

    Home value

    $1,945,000

    $1.75M - $2.16M

    $2,743/mo

    Zestimate® history
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    What's special

    Lyons Stahl and Pacific Peak are proud to present this exclusive brand-new 4 -unit construction (July, 2023) with two spacious ADU. There are a total of 6 units combined consisting of (4) 4 Bed / 4 Bath & (2) 1 Bed / 1Bath. This pristine asset also offers a unique opportunity for buyer to qualify for traditional residential financing. Yes, that means 20% downpayment is enough to acquire. The units are all spacious and flow very nicely. Rental Sq. Ft totals 6,750. Ft. All units include refrigerator, stove and microwave. The 4 Bed units are 3 stories and the (2) 1 Bed units are all on the first floor. All units have a heating system and the (2) 1 Bedrooms have AC. All (4) 4 Beds are tankless Gas, and all (2) 1 Bed units are electrical. There are a total of 2 Water Meters, 6 Electrical Meters, and 4 Gas Meters.The entire building has high-end laminate floors, colorful tiled bathrooms, and recess lighting and fans. The entire lot is boarded by a new metal fence and wood panels. This property is completely turnkey and suitable for an investor or owner user. Located just 3.5 miles from Sofi Stadium and the Forum, 4 miles to USC and BMO Stadium, 8 miles to Downtown LA, and 10 miles from LAX, this property offers proximity to major attractions and employment hubs. With convenient access to the 110, 105, 10, and 405 freeways, commuting to various destinations. All units are vacant. Property is marketed at 6.375 CAP upon lease completion.

    Zillow last checked:

    Listing updated:

    Listed by:

    Evelyn Baez Gonzalez DRE #02103055 951-902-3006,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Koeun Hwang, DRE #01718399

    Happy Haus Inc.

    Source: CRMLS,MLS#: SB23134723MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 18
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Electric Oven
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Granite Counters, Multiple Staircases, All Bedrooms Up, All Bedrooms Down
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 6,684
    • Total interior livable area: 6,684 sqft

    Property

    Parking
    • Parking features: Driveway
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,198 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6032019001
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $367/sqft
    • Tax assessed value: $2,499,000
    • Annual tax amount: $30,001
    • Date on market: 7/24/2023
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional,Contract,FHA
    • Total actual rent: 19400
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/12/2023Listed for rent$22,000$3/sqft
    Source: Zillow Rentals Report a problem
    10/6/2023Sold$2,450,000$367/sqft
    Source: CRMLS #SB23134723 Report a problem
    9/7/2023Pending sale$2,450,000$367/sqft
    Source: CRMLS #SB23134723 Report a problem
    8/14/2023Price change$2,450,000-5.7%$367/sqft
    Source: CRMLS #SB23134723 Report a problem
    7/24/2023Listed for sale$2,599,000+173.6%$389/sqft
    Source: CRMLS #SB23134723 Report a problem
    10/15/2021Listing removed--
    Source: RE/MAX International Report a problem
    8/10/2021Listed for sale$950,000+46.2%$142/sqft
    Source: RE/MAX International #RS21175019 Report a problem
    10/24/2019Sold$650,000$97/sqft
    Source: CRMLS #PW19213038 Report a problem
    9/21/2019Pending sale$650,000$97/sqft
    Source: Coldwell Banker Olympic #PW19213038 Report a problem
    9/6/2019Listed for sale$650,000+39.8%$97/sqft
    Source: Excellence RE Real Estate #PW19213038 Report a problem
    7/4/2018Listing removed$465,000$70/sqft
    Source: Excellence RE Real Estate #PW17210288 Report a problem
    6/3/2018Listed for sale$465,000$70/sqft
    Source: Excellence RE Real Estate #PW17210288 Report a problem
    2/9/2018Listing removed$465,000$70/sqft
    Source: Excellence RE Real Estate #PW17210288 Report a problem
    11/16/2017Price change$465,000-3.1%$70/sqft
    Source: Excellence RE Real Estate #PW17210288 Report a problem
    9/11/2017Listed for sale$480,000+41.2%$72/sqft
    Source: Excellence RE Real Estate #PW17210288 Report a problem
    9/9/2005Sold$340,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,001 +1%$2,499,000 +2%
    2024$29,690 +249.5%$2,450,000 +258.6%
    2023$8,496 +4.8%$683,263 +2%
    2022$8,108 +1.2%$669,867 +2%
    2021$8,009 -1%$656,734 +1%
    2020$8,090 $650,000 +56.1%
    2019$8,090 +62.5%$416,509 +2%
    2018$4,977 $408,343 +2%
    2017$4,977 +2.2%$400,337 +2%
    2016$4,870 +2.3%$392,489 +1.5%
    2015$4,758 +1%$386,594 +2%
    2014$4,711 $379,022 +33%
    2012-- $285,000
    2011-- $285,000
    2010-- $285,000
    2009-- $285,000 -19.4%
    2008-- $353,735 +2%
    2007-- $346,800 +2%
    2006-- $340,000 +766.2%
    2005-- $39,251 +4%
    2004-- $37,728 +1.9%
    2003-- $37,038 +2%
    2002-- $36,313 +4%
    2000-- $34,905
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,945,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,945,000