348 W 83Rd St, Los Angeles, CA 90003
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348 W 83Rd St Los Angeles, CA 90003

$899,000
  • 6 Beds
  • 4 Baths
  • 2,660 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified

Map preview of 348 W 83Rd St, Los Angeles, CA 90003

Property Overview: 348 W 83Rd St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,660 living square feet and 5,585 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located near the 110 freeway this property offers great public transportation for tenants making it a desired location. Property has been well maintained by the owner for the years owned. Property is newer built so please contact council on rent control plus and minus for owning this property. Great bedroom count for best generating income. Property has small lot for less overhead expense on maintenance. Another great feature is the 2 car garage.

Listed by Hilda Valenzuela | BRE #01953784 | Century Commercial RE Services
Co-listed by Johnny Martinez | BRE #01348305 | Century Commercial RE Services
Last checked: 13 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
5,585
HOA Dues
$0/mo
Year built
2005
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
TR24055038
City
Los Angeles
County
Los Angeles
Time on Site
61 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,674
  • Total Rent: $2,674
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,843
  • Total Rent: $2,843
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 348 W 83Rd St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 6031034034
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S Grand Avenue/ W 83rd Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 348 W 83Rd St

Last sold on September 29th, 2020
  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: TR24055038

    $899,000

    Price

  • September, 2020

  • Sep 29, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2018

  • Feb 1, 2018

    Date

    Expired

    CRMLS: TR17242991

    $575,000

    Price

  • Jan 28, 2018

    Date

    Active

    CRMLS: TR17242991

    $575,000

    Price

  • Jan 27, 2018

    Date

    Hold

    CRMLS: TR17242991

    $575,000

    Price

  • Jan 18, 2018

    Date

    Price Change

    CRMLS: TR17242991

    $575,000

    Price

  • Nov 16, 2017

    Date

    Price Change

    CRMLS: TR17242991

    $625,000

    Price

  • Oct 24, 2017

    Date

    Active

    CRMLS: TR17242991

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Great intercity investment opportunity on a 2005 built duplex. Duplex located near 110 fwy, close proximity to USC, Downtown LA, metro line and bus lines. Located near elementary, middle schools, high schools, and Academy schools. Property has small lot for less overhead expense on maintanence. Another great feature is the 2 car garage prime rents.

  • March, 2011

  • Mar 2, 2011

    Date

    Sold (Public Records)

    Public Records

    $247,000

    Price

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Tax History for 348 W 83Rd St

Assessed Value (2020): $591,987
Year Land Value Improved Value Assessed Value
2020 $354,776 $237,211 $591,987

Home Value Compared to the Market

This property vs the competition

348 W 83Rd St is listed 28.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $337.97 per/sqft which puts the price per square foot 56.5% lower than the median price per square foot for the city of Los Angeles.

About 348 W 83Rd St

Detailed summary of property

348 W 83Rd St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 2,660 living square feet, and sits on an approximately 5,585 square foot lot. 348 W 83Rd St was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $899,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.08% lower than the median priced home. Local competing homes currently for sale include 136-138 E 84th St, 8870 S Figueroa St and 622 W 76th St. While the average home in Los Angeles, CA is selling in 92 days, 348 W 83Rd St has a days on market of 48 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 348 W 83Rd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 348 W 83Rd St

Public county record property details
Beds
6
Baths
4
Year built
2005
Sq. Ft.
2,660
Lot Size
5,584
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41,42
APN
6031-034-034

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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.