612 E 83rd St , Los Angeles, CA 90001
$785,000
Est. Payment: $3,950.00/mo
4 Bed
4 Bath
1920 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are pleased to present the opportunity to acquire 612 E. 83rd Street, a well-maintained 4-unit multifamily property located in the Florence neighborhood of South Los Angeles. Built in 1926, the property consists of four detached cottage-style 1-bedroom, 1-bathroom units totaling 1,920 square feet of rentable space on a 5,740 square foot lot. The property's bungalow-style layout provides residents with greater privacy and a more residential living experience than a traditional apartment building. Each unit is separately metered for gas and electricity and features its own water heater, helping reduce operating expenses and simplify management. Additional amenities include a gated entrance and four gated on-site parking spaces. Two units will be delivered vacant at closing, presenting an exceptional opportunity for an owner-user to occupy one unit while generating rental income from the remaining units, or for an investor to lease both vacancies at market rents and immediately increase the property's income potential. The property offers convenient access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and the Los Angeles Memorial Coliseum. Residents also benefit from excellent regional connectivity via the 110, 10, and 105 Freeways, as well as nearby public transportation. The surrounding area continues to experience ongoing public and private investment, strong rental demand, and a limited supply of quality workforce housing, positioning the property for stable occupancy and long-term appreciation.

Highlights

Listed by Shara Parseghian , 818-292-2692 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1926

County

Los Angeles

Area

C37 - Metropolitan South

Listing ID

26860481

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:LAR2
Others:2+ Total Units
Parking Features:Uncovered
Principal Interest
$3,950
Taxes
$500

Home Price

$785,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$157,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,950.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,950.00 $500.44 $0.00 $4,450.43
Yearly $47,399.95 $6,005.25 $0.00 $53,405.20
Total $1,421,998.52 $180,157.50 $0.00 $1,602,156.02

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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