725 West 83rd Street Los Angeles, CA $ 695,000
725 West 83rd Street
$ 695,000
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725 West 83rd Street

Los Angeles, CA, 90044
$ 695,000
Baths0.0 Sq 1,963

Monthly Estimate*

$ 4,855

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $695,000. This 1,963 square foot home was built in 1921 on a lot size of 0.14.

Introducing a remarkable investment opportunity! This meticulously maintained duplex features two spacious 3-bedroom, 2-bathroom units, providing versatile living spaces for residents. Nestled within a gated property, the front and back units share only one common wall, ensuring privacy and tranquility for both occupants. The front yard is exclusively dedicated to the front house, while ample parking is available at the back, enhancing convenience for residents. The back unit, constructed in 2005, boasts modern amenities such as new wood-like vinyl floors, a separate kitchen, and ample closet space. Meanwhile, the front unit offers an open floor plan, covered front and back porches, and laundry hookups. Whether you're seeking to generate rental income or live in one unit while renting out the other, this duplex presents endless possibilities for financial growth and investment. Zoned R3, there's potential for further development, including the option to build multi-unit structures. This presents a compelling opportunity for investors looking to maximize their returns and expand their portfolio in a thriving rental market. Located in a desirable area with strong rental demand, this property promises lucrative returns. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.

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Multi-Family Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024377244

Features
General
Zoning LAR3
Year Built 1921
Levels One
County Los Angeles
Net Operating Income 54493.93
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C36 - Metropolitan Southwest
Lot Size Square Feet 6001.0
Street Name 83rd
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Heater Fuel Type Natural Gas
Total Stories 1
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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Exterior
Parking Features Carport
Lot Size Area 6001.0
Foundation Details None
Building Area Total 1963.0
Lot Dimensions 40x150
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Anna Kadinowa

Listing Agent

Christie's Akg

Broker

Affordability Calculator

$4,855
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,855
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$695,000 Listed Price

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725 West 83rd Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $695,000 with 1,963 sqft and a lot size of 0.14. 725 West 83rd Street is a studio with 0.0 baths and was built in 1921. The property's zip code is 90044 which is in Los Angeles, CA