146 E 83rd St Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $4,420/month
Highlights
- Contemporary Architecture
- Wood Fence
- Front Yard
- No HOA
- Wall Furnace
About This Home
HUGE PRICE REDUCTION – Seller Highly Motivated! Exceptional Residential Income Opportunity in South Los Angeles. This versatile duplex offers outstanding potential for investors or owner-occupants looking to generate rental income. Each unit features 3 bedrooms and 1 bathroom, offering strong rental appeal and flexible living. Live in one unit and rent the other, or lease both for maximum return. With an existing Section 8 tenant already in place, enjoy a reliable, consistent income from day one. This property has proven to be a long-term rental performer and is ideal for building or expanding your portfolio. Located near major transportation routes, shopping, dining, and the 110 Freeway, it offers quick access to Downtown LA, LAX, and surrounding beach and entertainment destinations, including Manhattan Beach, Redondo Beach, Long Beach, SoFi Stadium, Intuit Dome, Dodger Stadium, and Crypto.com Arena. Key Highlights: 1) Rare duplex opportunity in a strong rental market. 2) Each unit is 3 bed / 1 bath. 3) Reliable Section 8 tenant in place. 4) Excellent investor or owner-user potential. 5) Convenient central Los Angeles location. 6) Close to freeways, transit, shopping, beaches & entertainment hubs. Don’t miss this chance to secure an income-producing property with incredible upside potential. Schedule your showing today!
Listing Agent
Coldwell Banker Envision Brokerage Phone: 562-762-7403 License #01752038 Listed on: 09/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 5,084 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Needs Fence Repair
- Front Yard
Home Design
- Duplex
- Contemporary Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Driveway
- Paved Parking
Utilities
- Wall Furnace
- No Utilities
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 239702
- Assessor Parcel Number 6030011031
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,080
- Insurance Expense $1,300
- Operating Expense $2,380
- Gross Income $18,300
- Net Operating Income $15,920
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,880 | $473,510 | $331,459 | $142,051 |
| 2024 | $5,880 | $464,226 | $324,960 | $139,266 |
| 2023 | $5,769 | $455,125 | $318,589 | $136,536 |
| 2022 | $5,505 | $446,202 | $312,343 | $133,859 |
| 2021 | $5,432 | $437,454 | $306,219 | $131,235 |
| 2019 | $5,272 | $424,482 | $297,138 | $127,344 |
| 2018 | $5,208 | $416,160 | $291,312 | $124,848 |
| 2017 | $5,095 | $408,000 | $285,600 | $122,400 |
| 2016 | $4,967 | $400,000 | $280,000 | $120,000 |
| 2015 | $2,791 | $217,380 | $146,314 | $71,066 |
| 2014 | $2,813 | $213,122 | $143,448 | $69,674 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/24/2025 12/24/25 | Price Changed | $750,000 | -3.2% | $417 / Sq Ft | |
| 09/16/2025 09/16/25 | For Sale | $775,000 | +93.8% | $431 / Sq Ft | |
| 07/30/2015 07/30/15 | Sold | $400,000 | +0.3% | $222 / Sq Ft | View Prior Sale |
| 06/12/2015 06/12/15 | Pending | -- | -- | -- | |
| 05/22/2015 05/22/15 | For Sale | $399,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $400,000 | Fidelity Sherman Oaks | |
| Trustee Deed | $207,868 | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Financial | |
| Corporate Deed | $162,000 | Chicago Title Company | |
| Trustee Deed | $137,841 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $145,650 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25218484
APN: 6030-011-031
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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