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Stacey Alysson Melman

612 E 83rd ST
Los Angeles, CA, 90001
$785,000
4 Beds
4 Baths
1,920 SqFt
0.13 Acres
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MLS #26860481 image #0
We are pleased to present the opportunity to acquire 612 E. 83rd Street, a well-maintained 4-unit multifamily property located in the Florence neighborhood of South Los Angeles. Built in 1926, the property consists of four detached cottage-style 1-bedroom, 1-bathroom units totaling 1,920 square feet of rentable space on a 5,740 square foot lot. The property’s bungalow-style layout provides residents with greater privacy and a more residential living experience than a traditional apartment building. Each unit is separately metered for gas and electricity and features its own water heater, helping reduce operating expenses and simplify management. Additional amenities include a gated entrance and four gated on-site parking spaces. Two units will be delivered vacant at closing, presenting an exceptional opportunity for an owner-user to occupy one unit while generating rental income from the remaining units, or for an investor to lease both vacancies at market rents and immediately increase the property’s income potential. The property offers convenient access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and the Los Angeles Memorial Coliseum. Residents also benefit from excellent regional connectivity via the 110, 10, and 105 Freeways, as well as nearby public transportation. The surrounding area continues to experience ongoing public and private investment, strong rental demand, and a limited supply of quality workforce housing, positioning the property for stable occupancy and long-term appreciation.
AGENT:
LISTING BROKERAGE: Marcus & Millichap
612 E 83rd ST
Los Angeles, CA

Property Details

Price:
$785,000
MLS #:
26860481
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Jul 15, 2026
Finished Sq Ft:
1,920
Total Sq Ft:
1,920
Lot Size:
5,740 sqft / 0.13 acres (approx)
Year Built:
1926
C37 – Metropolitan SouthC37metropolitansouth
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Schools

Interior

Cooling
NO
Heating
NO
Levels
A

Exterior

Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$71,581
Net Operating Income
$52,285

Map

Community

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