Los Angeles, CA 90044 850 W 83rd Street
$1,600,000
Pending
Presented By: Stephen F. Watson with KW SELA;
- MLS# 25543009
- 05/23/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 14
Baths • 6
SQFT • 6,524
Home Details
NON-RSO 7.6% Cap Rate Building with Attractive Price Per Building Square Foot! We are proud to present this 6 unit building with two 4 bed / 2 bath units and four 2 bed / 1 bath townhomes. At a price of $1,600,000 with 6,524 square feet, this subject's price per building square foot is one of the best in the Vermont Knolls neighborhood. The building was moved on to the property around 1989 and therefore, the property is non-RSO, verified through ZIMAS. One of the four bed units is vacant and has a projected rent of $3,400.
Presented By: Stephen F. Watson with KW SELA;
Interior Features for 850 W 83rd Street
Bedrooms
Total Bedrooms14
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2
General for 850 W 83rd Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsFrom the 110, take the Manchester exit and go west on Manchester Ave. Make a right due north on Hoover and left due west on 83rd St.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income175788.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet9109.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income121608.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Year Built1949
ZoningLAR3
Exterior for 850 W 83rd Street
Building Area Total6524.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x182
Lot Size Acres0.2091
Lot Size Area9109.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking7.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate