
Los Angeles, California 90003
This Multi-Unit Residential Income Asset represents a Strong Value Opportunity, listed at a List Price of $594,900—positioned well below the $665,286 Fair Market Value by 10%. This valuation gap provides $70,386 in Instant Equity. Featuring a Fair Condition Rating with 1926-era charm, the property offers significant upside through modernization. With RD1.5 Zoning and a 6,140-square-foot lot, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack while leveraging future development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7833 Crocker Subject | $594,900* List Price | 5 | 3 | 2,008 | $331 | - |
A 164 W 84th Sold | $650,000 | 5 | 4 | 2,064 | $315 | 0.6 mi |
B 164 W 84th Place Sold | $650,000 | 5 | 4 | 2,064 | $315 | 0.6 mi |
C 156 W 84th Sold | $630,000 | 4 | 3 | 1,885 | $334 | 0.6 mi |
D 156 W 84th Sold | $630,000 | 4 | 3 | 1,885 | $334 | 0.6 mi |
E 135 E 77th Street Active | $615,000 List Price | 3 | 3 | 1,814 | $339 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, the property features kitchens and bathrooms that have been updated but appear to be 20-30 years old. While the units are functional and move-in ready, the finishes are dated, and the overall aesthetic requires modernization to meet current market standards.
The property features three separate living units (a 2/1, 1/1, and a rear 2/1), offering immediate rental income potential or a flexible 'house-hacking' opportunity for an owner-occupant.
Zoned RD1.5 on a generous 6,138-square-foot lot, the property provides significant long-term value through potential ADU additions, expansion, or higher-density residential development.
Positioned with convenient access to Downtown Los Angeles, SoFi Stadium, and major transportation corridors, the location ensures strong tenant demand and proximity to key employment hubs.
Built in 1926, the property likely requires ongoing maintenance or significant capital improvements to modernize century-old systems such as plumbing, electrical, and roofing.
With three existing units on a 6,140-square-foot lot, available space for parking and private outdoor areas is limited, which may be further exacerbated by future development or ADU additions.
Welcome to 7833 Crocker St a compelling multi-unit opportunity in the heart of Los Angeles! Whether you're an investor looking to expand your portfolio or an owner-occupant looking to offset your monthly housing costs with rental income, this property offers flexibility, income potential, and room for future upside. Situated on a generous approximately 6,138-square-foot lot, the property features three separate living spaces totaling approximately 2,008 square feet, with a combined 5 bedrooms and 3 bathrooms. The unit mix includes a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and an additional 2-bedroom, 1-bath rear unit; giving buyers multiple options for rental income, extended household living, or an owner-user arrangement. One of the property's biggest advantages is the lot and long-term potential. RD1.5 zoning, makes this an especially interesting opportunity for a buyer looking to explore additional improvements, an ADU, expansion, or other future development possibilities, subject to City requirements, permits, and buyer verification. Los Angeles RD1.5 zoning generally provides for multiple-dwelling residential use, while the City also allows ADUs on qualifying multifamily properties under applicable regulations. Located in South Los Angeles with convenient access to Downtown Los Angeles, Sofi Stadium, and major employment, transportation, shopping, dining, and entertainment corridors, the property combines a central Los Angeles location with the versatility investors look for in a long-term hold. Live in one unit and generate income from the others, maintain all three as rentals, or explore ways to further maximize the property's potential. Opportunities offering multiple units, a sizable lot, and future value-add potential are increasingly difficult to find. 7833 Crocker St is ready for its next owner to unlock the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,008 | 2,187.451 |
| Lot Size | 6,140 | 5,841.385 |
| Price | $594.9K | $841.5K |
| Price per sq ft | $296 | $385 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 5 | 85 |
Sep 4, 2026
$594,900
Initial Listing
Apr 2, 2001
$136,000
Public Record