Listing Courtesy of: CRMLS / Century 21 Realty Masters / Edith Villa - Contact: 323-707-2413
254 W 83rd Los Angeles, CA 90003
Active (76 Days)
$1,199,000 (USD)
4,954
SQFT
Description
MLS #:
DW25246676
DW25246676
Lot Size
6,758 SQFT
6,758 SQFT
Type
Multifamily
Multifamily
Year Built
1955
1955
County
Los Angeles County
Los Angeles County
Listed By
Edith Villa, DRE #1303864 CA, Century 21 Realty Masters, Contact: 323-707-2413
Source
CRMLS
Last checked Jan 11 2026 at 10:58 PM GMT+0000
CRMLS
Last checked Jan 11 2026 at 10:58 PM GMT+0000
Bathroom Details
Interior Features
- All Bedrooms Up
- All Bedrooms Down
Lot Information
- Paved
Flooring
- See Remarks
- Tile
- Stone
- Vinyl
Exterior Features
- Roof: Shingle
Utility Information
- Utilities: Sewer Connected
- Sewer: Public Sewer
Stories
- 2
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Nov 25, 2025
Price Changed
$1,199,000
-8%
-$101,000
Oct 24, 2025
Listed
$1,300,000
-
-
Additional Information: Realty Masters | 323-707-2413
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Realty Masters and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Unit & Building Details
• 10 total bedrooms and 6 full bathrooms. 1 year old ROOF
• Structured as multiple units (6 inferred units) in a low-rise configuration.
• Off-street parking/garage capacity for approximately eight vehicles, providing tenant convenience and upside potential.
• Zoned LAC2 (multifamily residential), offering flexibility for multifamily use and potential value-add strategies
•
• Investment Highlights
• Proven footprint: The large unit count and low per-unit square footage provide strong flexibility for tenant mix, re-tenanting, and income growth.
• Value-add potential: Given the scale of the building and number of units, there is potential to increase rents, optimize expenses, and improve cap rate through active management or refurbishment.
• Location merits: Situated in ZIP 90003, the property benefits from access to Los Angeles’s broad rental market, providing both demand and appreciation upside.
Neighborhood & Market Position
The property is located in a stable, urban residential neighborhood of Los Angeles where demand for rental housing remains strong. With this building’s characteristics—size, unit count, parking, zoning—it represents a rare offering in this submarket. Given your earlier numbers (purchase price $1.3 M, income ~$100.62 k/yr, expenses ~$32.94 k/yr), the current cap rate is approximately 5.21%, which aligns with solid returns in this market and given potential for growth.