Los Angeles, CA 90044 1250 W 83rd Street
$1,499,999
7 more
Presented By: Erica Ruiz with Casa Bella Realty Group; 310-951-1875
SQFT • 3,065
Home Details
FANTASTIC INVESTMENT OPPORTUNITY 8% CAP RATE and GRM 10% One of the best investments out there!
Property is located in vibrant South Los Angeles. This beautiful remodeled property consist of 4 1bed 1 bath units and 2 cozy studios.
Recent upgrades include new flooring throughout, fresh interior paint, and modern lighting fixtures. some new plumbing and electrical systems. windows provide ample natural light and improved energy efficiency. low maintenance artificial grass, outdoor privacy gate for added security and seclusion.
Ideal investment for both seasoned and new investors!
DRIVE BY ONLY, DO NOT DISTURB TENANTS
Presented By: Erica Ruiz with Casa Bella Realty Group; 310-951-1875
Interior Features for 1250 W 83rd Street
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1250 W 83rd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market
DirectionsWest of Vermont and North of 83rd St
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3065.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income118453.0
New ConstructionNo
NumberOfUnitsTotal6
Occupancy TypeTenant
Operating Expense21234.0
Private PoolNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount18750.0
Tax Year2023
View Y/NNo
Water Sewer Expense2000.0
Waterfront Y/NNo
Year Built1930
Exterior for 1250 W 83rd Street
Building Area Total3065.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.0704
Lot Size Area3065.0
Lot Size SourceAssessor
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480