213 W 83rd Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 2 bath
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213 W 83rd Street
Los Angeles, California 90003
ACTIVE
CONDITION: FAIR
2Beds
2Baths
928Sq Ft
5,336Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$499,000
SUMMARY
This 1912 Craftsman residence represents a High-Potential Investment Opportunity, listed at a List Price of $629,000—positioned slightly above the $611,028 Fair Market Value. While the property requires updates due to its Fair Condition Rating, the oversized 5,336 sq. ft. lot offers significant potential for an ADU addition to drive long-term appreciation. Its strategic location near the 110 Freeway ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a central Los Angeles corridor.
Estimated Market Value
$499,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 213 W 83rd Street Subject | $499,000* List Price | 2 | 2 | 928 | $538 | - |
A 156 E 70th Sold | $615,000 | 2 | 1 | 1,006 | $611 | 0.8 mi |
B 332 E 79th Street Sold | $520,000 | 2 | 1 | 1,008 | $516 | 0.5 mi |
C 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.5 mi |
D 433 E 74th Street Sold | $535,000 | 2 | 1 | 854 | $626 | 0.8 mi |
E 164 W 85th Place Active | $499,000 List Price | 2 | 1 | 1,081 | $462 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1912 and, while functional, shows significant dating. The kitchen features oak cabinetry and tile countertops likely 20-30 years old, and the living area contains popcorn ceilings. Although the listing describes it as 'well-kept,' the age of the finishes and likely older systems necessitate updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Craftsman Character
Built in 1912, this home retains its original Craftsman-style charm and architectural character, offering a unique aesthetic and historical appeal that stands out in the local market.
- Large Lot Potential
The oversized 5,336 sq. ft. lot provides significant outdoor space and excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU) to increase value.
- Secure Parking & Accessibility
The property features gated parking for added security and convenience, coupled with a strategic location offering easy access to the 110 Freeway and Downtown Los Angeles.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 928 sq. ft. of living space, the home's interior footprint is relatively small, which may limit its appeal to larger families or buyers requiring more storage.
- Century-Old Infrastructure
As a structure built over 110 years ago, the property may require more frequent maintenance or specialized updates to its aging systems compared to more contemporary residences.
About 213 W 83rd Street
Great opportunity! This single family residence is in great shape! Beautiful Craftsman-style home full of character and charm in Southeast Los Angeles. This 2 bedroom, 1 bathroom residence is in great condition and offers 928 sq. ft. of comfortable living space on an oversized 5,334 sq. ft. lot. Enjoy gated parking for added convenience and security, plus easy access to the 110 Freeway and Downtown Los Angeles. Currently used as an investment property and priced to sell quickly. A fantastic opportunity to own a well-kept home with excellent location and long-term potential. *we used Ai on one of the bedroom photos just to remove some laundry and personal items. PROPERTY WILL BE DELIVERED VACANT
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,336 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 928 | 1,664.159 |
| Lot Size | 5,336 | 6,066.556 |
| Price | $499.0K | $1.35M |
| Price per sq ft | $538 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 125 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$499,000
$550,000
-9% Price Drop
Initial Listing
Price Change
Jul 6, 2026
$550,000
$540,000
+2% Price Increase
Initial Listing
Price Change
Jul 2, 2026
$540,000
$500,000
+8% Price Increase
Initial Listing
Price Change
Jun 27, 2026
$500,000
$599,000
-17% Price Drop
Initial Listing
Price Change
May 22, 2026
$599,000
$629,000
-5% Price Drop
Initial Listing
Price Change
May 7, 2026
$629,000
Initial Listing