423 E 82nd Street

Los Angeles, CA 90003

  • 12 Bed(s)
  • 4 Bath(s)
  • 3,031 Sqft
  • 5200
    Sqft(Lot)
$1,150,000

Description

423 e 82nd street is a fully renovated 4-unit property in one of

los angeles’ fastest-growing neighborhoods. featuring an

excellent unit mix of four (4) spacious 3-bed/1-bath units, this

asset is ideal for both owner-users and investors seeking

strong cash flow. with one unit delivered tenant ready, an owner-

user can live in one unit while renting out the other three.

current rents are leased above $2,700/month, making this

one of the highest-income-producing 4-plexes in the

neighborhood. priced at an 8.27% cap rate, this property is a

true cash cow with proven rental income. all occupied units

are leased through section 8 vouchers, ensuring stable,

government-subsidized income.

the property also features four covered parking spaces and

potential for adu additions (buyer to verify). by adding just

one additional unit, projected returns increase to a 9.09% cap

rate. located in a rapidly developing submarket, 423 e 82nd st is

just minutes from usc, downtown la, sofi stadium, and more,

ensuring strong rental demand and long-term appreciation.

don’t miss this opportunity to own a high-yield, value-packed

multifamily property in a transforming neighborhood!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49203887

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1966
    • Building Area Total: 3,031

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1194
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5200

  • Listing Price Information

    • Original List Price: 1,150,000
    • Listing Contract Date: 2025-04-01

    Lease Information

    • Listing Agreement: Exclusive Right With Exception

  • Tax Information

    • Parcel Number: 6030031006

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C37 - Metropolitan South
    • Postal Code Plus 4: 3149
    • Directions: On E 82nd and Avalon Blvd
    • Zoning: LAR2
    • Source Property Type: Residential Income
    • Area: C37 - Metropolitan South
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 59
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: front
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BuyOwner last updated this listing 04/11/2025 @ 12:33

  • MLS: SB25070559
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 12 bedrooms which is for sale, it has 3,031 sqft, 5,200 sized lot, and 4 parking. are nearby neighborhoods.