1346 83rd Place, Los Angeles

$1,099,000

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9 Beds
5 Baths
.14 Acre
2 Garages

Great investment opportunity here in the city of Los Angeles. The property is 10 minutes away from the Rams/Sofi stadium, the USC soccer stadium, and also the new Intuit Dome, an arena under construction in Inglewood, California located south of SoFi Stadium. It will be the home of the Los Angeles Clippers of the National Basketball Association (NBA). Amazing income property. 3 units were upgraded with laminated floors, new kitchens, remodeled bathrooms. Great investment for future development and the zoning is a R1.5 zone! Total of 4 units. Each unit has a separate meter for gas and electricity. This is a great investment opportunity you do not want to miss out. 3 Units are generating $5200 already. A lucrative income potential with its current gross rents per month and remarkably low operating expenses. Owner is highly motivated. submit subject to interior inspection. Property sold in its AS-IS condition.

Open house Saturday (03/09/2024) and Sunday (03/10/2024) from 10am to 2pm.

Showing Agent will show ONLY Front Unit and front/back of the property but will not show the rest of the units. Please, Do Not Disturb the tenants of the units 2-4. You cannot go on your own, the showing agent must be present with you at all times.

Essential Information

MLS® #
DW24037323
Price
$1,099,000
Bedrooms
9
Bathrooms
5.00
Acres
0.14
Year Built
1951
Type
Residential Income
Sub-Type
Quadruplex
Style
Traditional
Status
Active

Community Information

Address
1346 83rd Place
Area
C34 - Los Angeles Southwest
City
Los Angeles
County
Los Angeles
Zip Code
90044
Senior Community
N

Community Features

Street Lights, Sidewalks, Gated

Amenities

Parking Spaces
4
# of Garages
2
View
City Lights, Neighborhood
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

Assigned, Concrete, Door-Single, Driveway, Garage, Gated, Paved

Garages

Assigned, Concrete, Door-Single, Driveway, Garage, Gated, Paved

Interior

Interior
Laminate, Tile
Heating
Central, Wall Furnace
Cooling
Central Air
Fireplaces
None
# of Stories
2

Interior Features

Ceiling Fan(s), Granite Counters, Recessed Lighting, All Bedrooms Down

Appliances

Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Trash Compactor, Tankless Water Heater, Water Heater

Exterior

Exterior
Drywall, Stucco
Exterior Features
Lighting, Rain Gutters
Roof
Composition, Shingle
Construction
Drywall, Stucco
Foundation
Raised, Slab

Lot Description

2-5 Units/Acre, Back Yard, Front Yard, Paved, Rectangular Lot, Street Level, Sloped Up

Windows

Blinds, Double Pane Windows, Screens

Additional Information

Date Listed
February 22nd, 2024
Days on Market
83
Zoning
LARD1.5

Listing Details

Agent
Jose Ortiz
Office
Lovett & Associates, REALTORS

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Jose Ortiz - Lovett & Associates, REALTORS

Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 1:21am PDT. 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.