1726 W 83rd, Los Angeles, California 90047, Los Angeles, 90047 - 0 bed, 0 bath
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Los Angeles, California 90047
This triplex presents a High-Potential Investment Opportunity with a List Price of $849,900—positioned above the $672,515 Fair Market Value. While the property requires capital improvements given its Condition Rating of 4, the asset offers significant upside through its detached 2-car garage with ADU potential and separate gas/electric meters. Located near major employment hubs like SoFi Stadium, this property is a stable, income-generating asset. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on Los Angeles rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1726 W 83rd Subject | $849,900* List Price | 0 | 0 | 1,751 | $384 | - |
A 2016 W Manchester Active | $800,000 List Price | 0 | 0 | 1,920 | $417 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, this property is dated despite a partial remodel of the front unit. Visual evidence shows aging electrical meters in a deteriorating enclosure and original built-in cabinetry, indicating systems and interiors are likely over 20 years old and require updates.
High School: Middle College High School (9/10).
The detached 2-car garage offers a significant value-add opportunity for conversion into an Accessory Dwelling Unit (ADU), providing a path to increase total rental income and property valuation.
Ideally positioned near major employment and entertainment hubs including SoFi Stadium, Hollywood Park, and LAX, ensuring high rental demand and long-term capital appreciation.
The property is served by local schools with low performance ratings (ranging from 1 to 3), which may limit the appeal for families and impact long-term tenant profile diversity.
The property is sold subject to existing tenancies; while providing immediate cash flow, Los Angeles' complex tenant protection laws may complicate future rent increases or owner-occupancy plans.
Excellent Investment Opportunity! Fully occupied triplex offering immediate rental income in a prime Los Angeles location. This well-maintained income property features three 1-bedroom, 1-bathroom units, each with separate gas and electric meters, providing efficient utility management. The front unit has been remodeled, and the property offers long-term, stable tenants. Situated behind a gated front entry for added privacy and security, the property also includes a detached 2-car garage with outstanding ADU potential (Buyer to verify with the City of Los Angeles), creating an excellent opportunity for future value enhancement and increased rental income. Conveniently located just minutes from SoFi Stadium, Hollywood Park, Kia Forum, LAX, major shopping centers, dining, entertainment, and easy freeway access, this property is ideally positioned in one of Los Angeles' most active investment corridors. All tenants are currently on month-to-month rental agreements. Property is being sold subject to the existing tenancies. Buyer shall assume all existing tenancies at the close of escrow. Tenant security deposits and any prepaid rents, if applicable, will be transferred and credited to Buyer through escrow. Please do not disturb occupants.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,751 | 2,250 |
| Lot Size | 6,651 | 5,864 |
| Price | $849.9K | $826.7K |
| Price per sq ft | $485 | $395 |
| Built year | 1938 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 83 |
Jul 7, 2026
$849,900
Initial Listing
Nov 29, 2021
$620,000
Public Record