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928 W 83Rd St, Los Angeles, CA 90044
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928 W 83Rd St Los Angeles, CA 90044

$1,280,000 Sold Price as of 08/06/2021
  • 7 Beds
  • 7 Baths
  • 3,214 Sq.Ft.
Sold
$1,280,000 Sold Price as of 08/06/2021 Refinance Your Mortgage
Map preview of 928 W 83Rd St, Los Angeles, CA 90044

Property Overview: 928 W 83Rd St Los Angeles, CA has 7 bedrooms, 7 bathrooms, 3,214 living square feet and 9,089 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An excellent opportunity to acquire a completely remodeled and turn key 7 unit apartment building in South Los Angeles. The remodel includes: new plumbing, new electrical, new tankless water heaters, new fire sprinkler system, part of the foundation was replaced, new windows, and a new roofing layer. The interiors have been remodeled with new modern laminate flooring, new kitchen cabinetry, new fixtures, stainless steel appliances, and new bathrooms. All units are occupied by section 8 tenants. The property also features ample on-site parking. The property is located within a strong and dense rental pocket of South Los Angeles. Tenants are within walking distance to Smart & Final and Manchester Ave Elementary School; and have convenient access to many local and and national retailers in the immediate area. Tenants also have easy access to the 105 and 110freeways so you can get to other parts of Los Angeles easily.

Listed by Anubhav Kawatra | BRE #01881930 | Anubhav Kawatra
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
9,089
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21732864
City
Los Angeles
County
Los Angeles
Time on Site
1087 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,373
  • Total Rent: $8,236
  • Pro Forma/Market Rent: $9,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.27
  • Gross Scheduled Income: --
  • Net Operating Income: $72,325
  • Gross Operating Income: $116,237
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 928 W 83Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 6032009007
Location / Neighborhood
Location Information
  • Directions: Exit 110 Freeway, go West on Manchester Ave, Right on Hoover St, Left on 83rd St.
View more facts & features

Local Los Angeles Agent

Sale History for 928 W 83Rd St

Last sold for $1,280,000 on August 6th, 2021

  • August, 2021

  • Aug 10, 2021

    Date

    Sold

    CRMLS: 21732864

    $1,280,000

    Price

  • Jun 21, 2021

    Date

    Pending

    CRMLS: 21732864

    $1,350,000

    Price

  • May 17, 2021

    Date

    Active

    CRMLS: 21732864

    $1,350,000

    Price

  • August, 2009

  • Aug 11, 2009

    Date

    Sold (Public Records)

    Public Records

    $160,000

    Price

  • June, 2008

  • Jun 13, 2008

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

Show More

Tax History for 928 W 83Rd St

Assessed Value (2020): $212,445
Year Land Value Improved Value Assessed Value
2020 $177,040 $35,405 $212,445

Home Value Compared to the Market

This property vs the competition

928 W 83Rd St sold on August 6, 2021 for 13.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $420.04 per/sqft which puts the price per square foot 44.37% lower than the current median sale per square foot for the city of Los Angeles.

About 928 W 83Rd St

Detailed summary of property

928 W 83Rd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 3,214 living square feet, and sits on an approximately 9,089 square foot lot. 928 W 83Rd St was first listed on ArdentRealEstateGroup.com on May 17, 2021. The homeowner sold the property for $1,280,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.45% higher than the current median priced home. Local homes that are currently for sale include 6318 S Harvard Blvd, 201 E Century Blvd and 302 W 107th St. While the average home in Los Angeles, CA is selling in 94 days, 928 W 83Rd St has a days on market of 24 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 928 W 83Rd St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 928 W 83Rd St

Public county record property details
Beds
7
Baths
7
Year built
1922
Sq. Ft.
3,214
Lot Size
9,089
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
6032-009-007

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
82
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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(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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