1648 W 83Rd St, Los Angeles, CA 90047
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1648 W 83Rd St Los Angeles, CA 90047

$780,000 Sold Price as of 01/25/2024
  • 5 Beds
  • 3 Baths
  • 2,175 Sq.Ft.
Sold
$780,000 Sold Price as of 01/25/2024 Refinance Your Mortgage

Map preview of 1648 W 83Rd St, Los Angeles, CA 90047

Property Overview: 1648 W 83Rd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,175 living square feet and 6,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PartnersCRE is pleased to present the sale of 1648 W 83rd St. Los Angeles, CA 90047 which consists of a 2,175 SF duplex situated on a 6,675 square foot lot. The property consists of 2 seperate homes on the lot: (1) 3 bed 2 bath unit and (1) 2 bed 1 bath unit. It is within close proximity to transit, dining, convenient stores, and entertainment. Centrally located in Manchester Square between SoFi Stadium and the Los Angeles Coliseum.

Listed by Katie Munoz | BRE #02146905 | Keller Williams Beverly Hills
Co-listed by Jordan Petito | BRE #02023714 | Keller Williams Beverly Hills
Last checked: 48 seconds ago | Last updated: February 2nd, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,665
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23332847
City
Los Angeles
County
Los Angeles
Time on Site
207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $3,052
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,915
  • Total Rent: $3,915
  • Pro Forma/Market Rent: $3,915
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8.1%
  • Gross Rent Multiplier: 8.67
  • Gross Scheduled Income: --
  • Net Operating Income: $58,727
  • Gross Operating Income: $81,096
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1648 W 83Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Private
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6034018003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Manchester, North of Florence
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Sale History for 1648 W 83Rd St

Last sold for $780,000 on January 25th, 2024
  • January, 2024

  • Jan 25, 2024

    Date

    Sold

    CRMLS: 23332847

    $780,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: 23332847

    $725,000

    Price

  • December, 2013

  • Dec 10, 2013

    Date

    Sold (Public Records)

    Public Records

    $421,000

    Price

  • June, 2013

  • Jun 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $248,000

    Price

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Tax History for 1648 W 83Rd St

Assessed Value (2020): $471,891
Year Land Value Improved Value Assessed Value
2020 $376,617 $95,274 $471,891

Home Value Compared to the Market

This property vs the competition

1648 W 83Rd St sold on January 25, 2024 for 35.84% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $333.33 per/sqft which puts the price per square foot 55.79% lower than the current median sale per square foot for the city of Los Angeles.

About 1648 W 83Rd St

Detailed summary of property

1648 W 83Rd St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,175 living square feet, and sits on an approximately 6,665 square foot lot. 1648 W 83Rd St was first listed on ArdentRealEstateGroup.com on November 20, 2023. The homeowner sold the property for $780,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 35.84% lower than the current median priced home. Local homes that are currently for sale include 538 W 97th St, 10000 S Gramercy Pl and 937 W 68th St. While the average home in Los Angeles, CA is selling in 97 days, 1648 W 83Rd St has a days on market of 15 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 1648 W 83Rd St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1648 W 83Rd St

Public county record property details
Beds
4
Baths
2
Year built
1941
Sq. Ft.
2,175
Lot Size
6,674
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
402
APN
6034-018-003

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$769,000
Median List Price/Sq.Ft.
$586
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$511
Total Inventory
87
Median Sale to List Price %
102.31%
Avg Days on Market
39
Loan Type
Conventional (40%), FHA (25%), VA (0%), Cash (10%), Other (10%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.