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$ 1,150,000
Est. payment | /mo
12 Beds
4 Baths
5,200 Sqft Lot
$ 1,150,000
Est. payment | /mo
12 Beds
4 Baths
5,200 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25070559
Bedrooms 12
HOA Y/N No
Lot Size 5,200 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
423 E 82nd Street is a fully renovated 4-unit property in one of Los Angeles fastest-growing neighborhoods. Featuring an excellent unit mix of four (4) spacious 3-bed/1-bath units, this asset is ideal for both owner-users and investors seeking strong cash flow. With one unit delivered tenant ready, an owner- user can live in one unit while renting out the other three. Current rents are leased above $2,700/month, making this one of the highest-income-producing 4-plexes in the neighborhood. Priced at an 8.27% cap rate, this property is a true cash cow with proven rental income. All occupied units are leased through Section 8 vouchers, ensuring stable, government-subsidized income. The property also features four covered parking spaces and potential for ADU additions (buyer to verify). By adding just one additional unit, projected returns increase to a 9.09% cap rate. Located in a rapidly developing submarket, 423 E 82nd St is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation. Dont miss this opportunity to own a high-yield, value-packed multifamily property in a transforming neighborhood!
423 E 82nd Street is a fully renovated 4-unit property in one of Los Angeles fastest-growing neighborhoods. Featuring an excellent unit mix of four (4) spacious 3-bed/1-bath units, this asset is ideal for both owner-users and investors seeking strong cash flow. With one unit delivered tenant ready, an owner- user can live in one unit while renting out the other three. Current rents are leased above $2,700/month, making this one of the highest-income-producing 4-plexes in the neighborhood. Priced at an 8.27% cap rate, this property is a true cash cow with proven rental income. All occupied units are leased through Section 8 vouchers, ensuring stable, government-subsidized income. The property also features four covered parking spaces and potential for ADU additions (buyer to verify). By adding just one additional unit, projected returns increase to a 9.09% cap rate. Located in a rapidly developing submarket, 423 E 82nd St is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation. Dont miss this opportunity to own a high-yield, value-packed multifamily property in a transforming neighborhood!
423 E 82nd Street is a fully renovated 4-unit property in one of Los Angeles fastest-growing neighborhoods. Featuring an excellent unit mix of four (4) spacious 3-bed/1-bath units, this asset is ideal for both owner-users and investors seeking strong cash flow. With one unit delivered tenant ready, an owner- user can live in one unit while renting out the other three. Current rents are leased above $2,700/month, making this one of the highest-income-producing 4-plexes in the neighborhood. Priced at an 8.27% cap rate, this property is a true cash cow with proven rental income. All occupied units are leased through Section 8 vouchers, ensuring stable, government-subsidized income. The property also features four covered parking spaces and potential for ADU additions (buyer to verify). By adding just one additional unit, projected returns increase to a 9.09% cap rate. Located in a rapidly developing submarket, 423 E 82nd St is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation. Dont miss this opportunity to own a high-yield, value-packed multifamily property in a transforming neighborhood!
Location
State CA
County Los Angeles
Area Los Angeles (90003)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $39
Acceptable Financing Cash, Conventional, FHA
Space Rent $2,812
Listing Terms Cash, Conventional, FHA
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.