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423 E 82nd Street, Los Angeles, CA 90003 (MLS # SB25070559)

423 E 82nd Street, Los Angeles, CA 90003 (MLS # SB25070559)


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PRICE $1,180,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,031 sqft
LOT SIZE 5,202 sqft

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


ADDITIONAL DETAILS
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.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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