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$2,899,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
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Exceptional brand-new construction 6-unit multifamily investment opportunity in Los Angeles. This property features six thoughtfully designed unit mix of a 3-bedroom/3.5 bathroom, 2-bedroom/2 bathroom, two 3-bedroom/3 bathroom, a 3-bedroom/2 bath, and 2 bedroom/1.5 bathroom layouts. Each tenant will enjoy ample natural light, spacious open-concept floor plans, and in-unit laundry hook-ups. Designed for maximum rental income and minimal maintenance, the building includes premium upgrades such as energy-efficient HVAC, quartz countertops, and solar panels. Each unit's kitchen is equipped with stainless steel appliances; microwaves, stoves, refrigerators, and dishwashers. Situated in a highly desirable rental market with close proximity to parks such as, Circle Park or Vermont Miracle Park, to major freeways and less than 10 miles from the heart of DTLA. This property offers strong tenant demand and excellent long-term capitalization. This property is non-rent control, with water meter submetered, and delivers and estimated 6.2% pro forma cap rate based on projected market rents. Perfect for both 1031 exchanges and savvy investors seeking a stabilized, turn-key portfolio addition.

Full Property Details for 1507 W 83rd St

General

  • Price: $2,899,999
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26148860
  • Updated: 7/9/2026
  • Days on Market: 6 days
  • Added to Site: 6 day(s) ago

Interior

  • Appliances: Disposal, Microwave, Refrigerator, Electric Range, Electric Oven, Dishwasher
  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 2

Location

  • Area: C36 - Metropolitan Southwest
  • County: Los Angeles
  • Development Name: C36 - Metropolitan Southwest
  • Driving Directions: Cross Streets: Normandy and Manchester

Heating & Cooling

  • Cooling Type: Electric, Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Electric Meters: 6

Structural Information

  • Architectural Style: Modern
  • Entry Location: street level
  • Square Feet: 6,650
  • Year Built: 2026

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 4
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 2
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1543
  • Lot Size (Sq. Ft.): 6,722
  • Lot Size Source: Assessor
  • Lot Description: Lot 6500-9999

Financial Considerations

  • Price Per Sq. Ft.: $436.09
  • Price Per Unit: 483333

Listed by Keller Williams Realty, David Mejia

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Listing agent

— 1507 W 83rd St —

  • David Mejia

    Keller Williams Realty

310-508-6116

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1507 W 83rd St

School District:Los Angeles Unified School District
NameGradesDistance
La Salle Avenue Elementary School
8715 La Salle Avenue, Los Angeles, CA 90047
K-50.4 mi
Horace Mann Ucla Community
7001 South Saint Andrews Place, Los Angeles, CA 90047
6-81 mi
George Washington Preparatory High School
10860 South Denker Avenue, Los Angeles, CA 90047
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1507 W 83rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$2,899,999
392.36%
MLS
1/18/2024
Sold
$589,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1507 W 83rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,497
212%
$600,780
237%
2023
$2,400
4%
$178,465
2%
2022
$2,301
2%
$174,967
2%
2021
$2,262
-1%
$171,537
1%
2020
$2,280
4%
$169,779
2%
2019
$2,199
5%
$166,451
2%
2018
$2,096
2%
$163,188
2%
2017
$2,053
3%
$159,990
2%
2016
$1,991
1%
$156,854
2%
2015
$1,964
-1%
$154,499
2%
2014
$1,980
—
$151,473
—
2013
$1,974
—
$150,789
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1507 W 83rd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty, David Mejia

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1507 W 83rd Street, Los Angeles, CA 90047 (MLS# SB26148860) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1507 W 83rd Street is currently listed for $2,899,999 and was received on July 09, 2026. Want to learn more about 1507 W 83rd Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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