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348 W 83rd St

Los Angeles CA 90003

6
4
5585 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Excellent residential income opportunity located at 348 W 83rd St, Los Angeles, CA 90003. This versatile property features multiple living spaces, making it ideal for investors or owner-users seeking rental income potential. The front home offers a bright and open layout with updated flooring, recessed lighting, and spacious living areas filled with natural light. The kitchen is generously sized with ample cabinetry and workspace, providing functionality for everyday living. Bedrooms are well-proportioned, and bathrooms have been refreshed for comfort and convenience. Additional units provide strong income potential, with separate living areas that can accommodate tenants or extended family. The property also includes a detached garage, gated access, and a sizable yard with plenty of parking spacean added bonus for multi-unit living. Conveniently located near the 110 freeway, this property offers easy access to Downtown Los Angeles and surrounding areas. Close proximity to public transportation, shopping, dining, and schools makes it a highly desirable location for tenants. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property presents a fantastic opportunity with great upside potential.

Features

6 bedrooms
4 bathrooms
5585 sq. ft. lot size
Multi-Family

Property history for 348 W 83rd St

2024
Sold
$850,000
01 Oct 2024 by Hilda Valenzuela, of A & M Property Management

Happy sellers in Los Angeles

95%
95% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 6 bedroom multi families in Los Angeles

In the last 12 months, 8 six-bedroom multi families similar to 348 W 83rd St, have been sold.

This represents a 33% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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