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Millman Team Real Estate

$1,148,000
8 Bed
6 Bath
2,869 Sqft
0.12 Acre Lot

1046 W 83rd Street, Los Angeles, California 90044

  • Residential Income Property Type
  • 2,869 Sqft Square Footage
  • 1927 Year Built
Property Description

1046 W 83rd Street presents a rare opportunity to acquire a beautifully renovated six-unit multifamily asset in the heart of Los Angeles. The property originally consisted of a triplex. In 2025, ownership completed construction of two detached ADUs, which are exempt from rent control. In 2026, ownership converted the original triplex into a fourplex after gutting and fully upgrading the interiors of all original units. Five units are currently vacant, allowing a new owner to lease at market rents with minimal additional capital investment. Major system upgrades, including new electrical, copper plumbing, and brand new ADU construction, substantially reduce future capital expenditure risk. Strategically located near the Evermont mixed-use development, USC, major employment centers, and convenient freeway and transit access, the property offers investors an attractive combination of strong long-term rental demand and projected stabilized returns.

Basic Details
Residential Income
For Sale
26859233
$1,148,000
8
6
2,869 Sqft
1927
0.12 Acre
Active
Features
: Wall/Window Unit(s)
$0
Address Map
CA
Los Angeles
Los Angeles
90044
83rd
1046
Street
W119° 42' 23.3''
N33° 57' 48.1''
Located south of Florence Avenue, north of Manchester Avenue, west of Vermont Avenue, and east of Western Avenue.
C36 - Metropolitan Southwest
W
LAR3
Additional Information
$0
$0
$0
$0
$0
2869
: Multi/Split
6
2026-07-13
Broker/Agent Information
Houze Real Estate Management
Kelly Morgan
Listing Information
Kyana Morgan
CLW-C146407
CLW-X71068
Houze Real Estate Management
CLW-C121229
CLW-X71068
Active
2026-07-29T01:53:18Z
CRMLS
: Standard
2026-07-13T00:00:00Z
Agent info
Ray Millman
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