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Image 1 - 831 E E 83rd St, Los Angeles, California, 90001 - House for sale
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Home For Sale In Los Angeles, California
831 E E 83rd St, Los Angeles, California, 90001

Home For Sale In Los Angeles, California

house for sale
Listed: 05/27/24

831 E E 83rd St, Los Angeles, California, 90001

15 Bed:
9 Bath:
4,813 Sq Ft Living Area:
Save
Price
$ 1,7M

About This House

Welcome to a dream income producing investment opportunity! This expansive 15 bed 9 bath three unit property located conveniently on 83rd and Avalon is your way to capitalize immediately on real rents! Consisting of three 5 Bed 3 bath units rented out at$4, 200each, the property requires very little maintenance and enables effortless management. Each unit comes with on site parking, generous open floor plans, and brand new appliances keeping tenant turnover low and making it very attractive to prospective renters. Capitalize now on this 6.88% cap rate 3 unit building!

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Florence Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.