423 E 82nd Street, Los Angeles, CA 90003 (MLS # SB25070559)
423 E 82nd Street is a fully renovated 4-unit property in one ofLos Angeles’ fastest-growing neighborhoods. Featuring anexcellent unit mix of four (4) spacious 3-bed/1-bath units, thisasset is ideal for both owner-users and investors seekingstrong 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 thisone of the highest-income-producing 4-plexes in theneighborhood. Priced at an 8.27% cap rate, this property is atrue cash cow with proven rental income. All occupied unitsare leased through Section 8 vouchers, ensuring stable,government-subsidized income.The property also features four covered parking spaces andpotential for ADU additions (buyer to verify). By adding justone additional unit, projected returns increase to a 9.09% caprate. Located in a rapidly developing submarket, 423 E 82nd St isjust minutes from USC, Downtown LA, SoFi Stadium, and more,ensuring strong rental demand and long-term appreciation.Don’t miss this opportunity to own a high-yield, value-packedmultifamily property in a transforming neighborhood!
DAYS ON MARKET
|
47
|
LAST UPDATED
|
5/20/2025
|
YEAR BUILT
|
1966
|
COMMUNITY
|
Metropolitan South
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
AREA |
Metropolitan South |
GARAGE |
Yes |
LOT |
5200 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
WATER |
Public |
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Listed with Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/3/25 6:29 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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