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923 E 83Rd St, Los Angeles, CA 90001
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923 E 83Rd St Los Angeles, CA 90001

$595,000 Sold Price as of 02/16/2022
  • 6 Beds
  • 2 Baths
  • 2,145 Sq.Ft.
Sold
$595,000 Sold Price as of 02/16/2022 Refinance Your Mortgage
Map preview of 923 E 83Rd St, Los Angeles, CA 90001

Property Overview: 923 E 83Rd St Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,145 living square feet and 5,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Opportunity to purchase an Investment property with positive cash flow. The front house is beautiful featuring 2 nice size bedrooms, 1 bathroom with a spacious family room and dining room or living room. The kitchen has recently been updated with modern cabinetry, appliances and the ceramic tile is a great compliment. The kitchen has a Spanish style breakfast nook, perfect for sitting down for your morning coffee. Inside laundry is present on the service porch right off the kitchen. The flooring has been replaced throughout the entire home. Dual paned windows have also been recently installed and central AC and heat are available in the front house. Last but not least this home has solar which is completely paid for and will keep your utility bill on low side! The back unit is a garage conversion and has 4 bedrooms and 1 bath. Currently all units are rented and will remain in place. Don't miss out on this diamond!

Listed by Brandie Jones | BRE #01499526 | Keller Williams Realty
Last checked: 4 minutes ago | Last updated: March 27th, 2023 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
5,100
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21249199
City
Los Angeles
County
Los Angeles
Time on Site
927 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,265
  • Total Rent: $2,265
  • Pro Forma/Market Rent: $2,265
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,275
  • Total Rent: $2,275
  • Pro Forma/Market Rent: $2,275
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,480
  • Net Operating Income: $52,080
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $0
  • Water/Sewer: $1,200

Property Details for 923 E 83Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Refrigerator
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6029013011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Manchester & Central
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 923 E 83Rd St

Last sold for $595,000 on February 16th, 2022

  • March, 2023

  • Mar 27, 2023

    Date

    Expired

    CRMLS: OC22164016

    $649,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: OC22164016

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT DEAl! INVESTMENT PROPERTY WITH POSITIVE CASH FLOW. Two houses in one lot that could easily being rented out! Front house is beautiful featuring 2 nice size bedrooms, 1 bathroom with a spacious family room and a dining room or living room. The kitchen has recently been updated with modern cabinetry, and appliances, and the ceramic tile is a great compliment. The kitchen has a Spanish-style breakfast nook, perfect for sitting down for your morning coffee. Inside laundry is present on the service porch right off the kitchen. The flooring has been replaced throughout the entire home. Dual paned windows have also been recently installed and central AC and heat are available in the front house. Last but not least this home has solar which is completely paid for and will keep your utility bill on low side! The back unit is a garage conversion and has 4 bedrooms and 1 bath. Currently, all units are rented and will remain in place. Don't miss out on this diamond!

  • February, 2023

  • Feb 4, 2023

    Date

    Expired

    CRMLS: OC22171366

    $645,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: OC22171366

    $645,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT DEAl! INVESTMENT PROPERTY WITH POSITIVE CASH FLOW. Two houses in one lot that could easily being rented out! Front house is beautiful featuring 2 nice size bedrooms, 1 bathroom with a spacious family room and a dining room or living room. The kitchen has recently been updated with modern cabinetry, and appliances, and the ceramic tile is a great compliment. The kitchen has a Spanish-style breakfast nook, perfect for sitting down for your morning coffee. Inside laundry is present on the service porch right off the kitchen. The flooring has been replaced throughout the entire home. Dual paned windows have also been recently installed and central AC and heat are available in the front house. Last but not least this home has solar which is completely paid for and will keep your utility bill on low side! The back unit is a garage conversion and has 4 bedrooms and 1 bath. Currently, all units are rented and will remain in place. Don't miss out on this diamond!

  • February, 2022

  • Feb 17, 2022

    Date

    Sold

    CRMLS: PW21249199

    $595,000

    Price

  • Jan 25, 2022

    Date

    Pending

    CRMLS: PW21249199

    $600,000

    Price

  • Jan 14, 2022

    Date

    Active Under Contract

    CRMLS: PW21249199

    $600,000

    Price

  • December, 2012

  • Dec 4, 2012

    Date

    Sold (Public Records)

    Public Records

    $165,000

    Price

  • October, 2004

  • Oct 6, 2004

    Date

    Sold (Public Records)

    Public Records

    $304,000

    Price

Show More

Tax History for 923 E 83Rd St

Assessed Value (2020): $245,458
Year Land Value Improved Value Assessed Value
2020 $146,375 $99,083 $245,458

Home Value Compared to the Market

This property vs the competition

923 E 83Rd St sold on February 16, 2022 for 46.9% 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 $279.72 per/sqft which puts the price per square foot 62.9% lower than the current median sale per square foot for the city of Los Angeles.

About 923 E 83Rd St

Detailed summary of property

923 E 83Rd St is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 2,145 living square feet, and sits on an approximately 5,100 square foot lot. 923 E 83Rd St was first listed on ArdentRealEstateGroup.com on November 17, 2021. The homeowner sold the property for $595,000. 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 46.9% lower than the current median priced home. Local homes that are currently for sale include 9712 S San Pedro St, 9712-1 S San Pedro St and 155 E Colden Ave. While the average home in Los Angeles, CA is selling in 94 days, 923 E 83Rd St has a days on market of 50 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 923 E 83Rd St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 923 E 83Rd St

Public county record property details
Beds
2
Baths
2
Year built
1930
Sq. Ft.
1,345
Lot Size
5,099
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1247
APN
6029-013-011

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$580
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$474
Total Inventory
27
Median Sale to List Price %
103.08%
Avg Days on Market
36
Loan Type
Conventional (37.5%), FHA (62.5%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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