• 1346 W 83rd Place Los Angeles, CA 90044

  • $1,099,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,324
    Sq Ft
  • 5899
    Sqft
  • Listed By: Jose Ortiz, Lovett & Associates, REALTORS, DRE #01773075
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1061593460 1 2 1 0
2 1061593460 2 2 2 0
3 1061593460 1 2 1 0
4 1061593460 1 3 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Shingle

Exterior Property Features : Lighting,Rain Gutters

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

Windows: Blinds,Double Pane Windows,Screens

Property Appliances: Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Trash Compactor,Tankless Water Heater,Water Heater

Fireplace: None

Flooring: Laminate,Tile

Cooling Features

Central Air

Air Conditioning

Heating Source

Central,Wall Furnace

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1951

Building Area Total: 2,324

Construction: Drywall,Stucco

Roof: Composition,Shingle

Exterior Features

Lighting,Rain Gutters

Foundation

Raised,Slab

Security Features

Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Accessibility Features

Parking

Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup

Fencing

Block,Chain Link,Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1354

Lot Size Source: Assessor

Lot Size Square Feet: 5899

Listing Price Information

Original List Price: 1,099,000

Listing Contract Date: 2024-02-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6033004017

Annual Tax: 9066

Garage and Parking

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

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: C34 - Los Angeles Southwest

Postal Code Plus 4: 2208

Directions: West of the 110

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C34 - Los Angeles Southwest

Property SubType: Quadruplex

Building and Construction

Property Age: 73

Common Walls: 1 Common Wall

Property Condition: Fixer,Updated/Remodeled,Repairs Major

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: Street

Property Attached: Yes

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ByOwner last updated this listing 05/14/2024 @ 19:37

MLS: DW24037323
LISTED BY: Jose Ortiz, Lovett & Associates, REALTORS
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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