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Listed by REMAX Professionals, David Smith, Listing Contact: [email protected]

$2,399,999

1507 W 83rd, Los Angeles CA, 90047

Price per sqftN/A
Built in2026
Property typeMulti-family

Overview

Active

Listed Oct 2, 2026

Updated 4 days ago

Exceptional New-Construction 6-Unit Investment Opportunity in Los Angeles Welcome to 1507 W 83rd St, a brand-new six-unit multifamily property offering an attractive combination of strong income, modern construction, and low-maintenance ownership. With a desirable mix of spacious 2- and 3-bedroom residences, this property is designed to appeal to today’s renters while providing investors with an impressive income-producing asset. The unit mix includes a 3-bedroom/2-bath renting for $3,495, 2-bedroom/1.5-bath at $2,651, 3-bedroom/3-bath at $3,366, 2-bedroom/2-bath at $2,895, 3-bedroom/3-bath at $3,180, and a spacious 3-bedroom/3.5-bath at $3,695. Combined monthly rental income is $19,282, providing approximately $231,384 in annual gross rental income. All six residences are brand-new construction and feature central air conditioning, solar, stainless-steel appliances, modern finishes, and thoughtfully designed floor plans. Each unit is separately metered, with tenants responsible for their own utilities, helping reduce ongoing operating expenses for ownership. Another significant advantage is that the property is not subject to Los Angeles rent stabilization, providing greater flexibility for long-term ownership and income growth, subject to applicable state and loc

$15,967/mo

Est. mortgage payment based on a $2,399,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRRS26215065

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by REMAX Professionals, David Smith DRE:01353125,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Canopy Realty Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:33 AM UTC, 10/3/2026

 

 

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