Welcome to a dream income producing investment opportunity! This expansive 15 bed 9 bath three unit property located conveniently on 83rd and Avalon is your way to capitalize immediately on real rents! Consisting of three 5 Bed 3 bath units rented out at $4,200 each, the property requires very little maintenance and enables effortless management. Each unit comes with on site parking, generous open floor plans, and brand new appliances keeping tenant turnover low and making it very attractive to prospective renters. Capitalize now on this 6.88% cap rate 3 unit building!
Sold for $1,695,000
$1,695,000
831 E East 83rd St, Los Angeles, CA 90001
15beds
9baths
4,813sqft
Multi Family
Built in 2023
-- sqft lot
$1,543,100 Zestimate®
$352/sqft
$2,085 Estimated rent
Home value
$1,543,100
$1.42M - $1.68M
$2,085/mo
Zestimate® history
Owner options
List your home for rent
$2,085/mo
Rent Zestimate®
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$2,085/mo
Rent Zestimate®
Refinance and save
$10,770/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$10,770/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Isaac Davidi DRE # 01819489 310-877-9425,
The Davidi Company 310-997-0311
Bought with:
Non Subscriber
Non Subscriber
Source: CLAW,MLS#: 24-394823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Exhaust Fan, Freezer, Range/Oven, Refrigerator
- Laundry: Stackable W/D Hookup
Interior area
- Total structure area: 4,813
- Total interior livable area: 4,813 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Carport spaces: 2
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 5,100 Square Feet
- Dimensions: 40 x 128
Details
- Additional structures: None
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Community & HOA
Community
- Security: Fire Sprinkler System, Gated
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $510,000
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2024 | Sold | $1,695,000$352/sqft |
Source:  CLAW #24-394823 Report a problem | ||
| 8/21/2024 | Pending sale | $1,695,000$352/sqft |
Source: CLAW #24-394823 Report a problem | ||
| 5/22/2024 | Listed for sale | $1,695,000$352/sqft |
Source: CLAW #24-394823 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Mckinley Avenue Elementary SchoolGrades: K-6Distance: 0.3 mi
- 2/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.7 mi
- 4/10John C. Fremont Senior High SchoolGrades: 9-12Distance: 0.5 mi
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
$1,543,100
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
$1,543,100
- California
- Los Angeles County
- Los Angeles
- 90001
- Southeast Los Angeles
- 831 E East 83rd St
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