423 E 82nd Street
Los Angeles, CA 90003
- 12 beds
- – baths
- 3,031 sqft
- 5,200 sqft lot
- $379 per sqft
- 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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 3, 2025
•
MLS# CRSB25070559 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1966
-
Building Area Units:Square Feet
-
Building Area Total:3031
Room Dimensions
-
Living Area:3031
-
Living Area Units:Square Feet
Location
-
Directions:On E 82nd and Avalon Blvd
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Exterior Features:Other
-
Parcel Number:6030031006
-
Zoning:LAR2
-
Lot Size Area:0.12
-
Lot Size Acres:0.12
-
Lot Size SqFt:5200
-
Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 729-1559
Taxes
-
Tax Tract:2398.01
Beds
-
Bedrooms Total:12
The Listing
-
Listing Terms:Cash
Appliances
-
Laundry Features:Common Area
The Community
-
Association:false
Parking
-
Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
|
Listed / Active | BRIDGE | $1,150,000 |
