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423 E 82nd Street

Los Angeles, CA 90003

– beds
– baths
– sqft
5,200 sqft lot
1966 build
– on site

423 E 82nd Street is a fully renovated 4-unit property in one of Los Angeles’ fastest-growing neighborhoods. Featuring an excellent unit mix of four (4) spacious 3-bed/1-bath units, this asset is ideal for both owner-users and investors seeking strong 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 this one of the highest-income-producing 4-plexes in the neighborhood. Priced at an 8.27% cap rate, this property is a true cash cow with proven rental income. All occupied units are leased through Section 8 vouchers, ensuring stable, government-subsidized income. The property also features four covered parking spaces and potential for ADU additions (buyer to verify). By adding just one additional unit, projected returns increase to a 9.09% cap rate. Located in a rapidly developing submarket, 423 E 82nd St is just 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-packed multifamily property in a transforming neighborhood!

Listed By CRMLS_CA / Aaron Jacobson / Lyon Stahl Investment Real Estate, Inc. / 310-729-1559

Last checked: Checking… • Last updated Apr 3, 2025 •

MLS# SB25070559 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1966
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3031.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
Faces:

East
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Entry Location:

front
Laundry:

Common Area
Laundry:

1

Location

Directions:

On E 82nd and Avalon Blvd
Latitude:

33.96492200
Longitude:

-118.26645700

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LAR2
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5200.0000
Lot Size Acres:

0.1194
Lot Size SqFt:

5200.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

14
Tax Census Tract:

2398.01
Tax Tract:

26
Tax Lot:

25

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6030031006

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking, Curbs, Sidewalks, Street Lights, Suburban, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	CRMLS_CA	$1,150,000

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This multifamily located in South LA, Los Angeles, CA 90003 is currently for sale for $1,150,000. 423 E 82nd Street is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. 423 E 82nd Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of South Park Elementary School, Charles Drew Middle School, and Mervyn M Dymally Senior High.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 07:56 on Apr 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.