423 82nd, Los Angeles CA 90003 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-04-04 08:11:45.000000. Listing information © 2024 Sandicor.

Asking Price: $1,150,000 | ​​​​​​​

423 82nd, Los Angeles CA 90003

Community: ​C37 - Metropolitan South


This Quadruplex property was built in 1966 and is priced at $1,150,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: SB25070559
  • Type: Quadruplex
  • Year Built: 1966
423 E 82nd Street is a fully renovated 4-unit property in one of Los Angeles’ fastest-growing neighborhoods. Featuring an excellent unit mix of four (4) spacious 3-bed/1-bath units, this asset is ideal for both owner-users and investors seeking strong cash flow. With one unit delivered tenant ready, an owner- user can live in one unit while renting out the other three. Current rents are leased above $2,700/month, making this one of the highest-income-producing 4-plexes in the neighborhood. Priced at an 8.27% cap rate, this property is a true cash cow with proven rental income. All occupied units are leased through Section 8 vouchers, ensuring stable, government-subsidized income. The property also features four covered parking spaces and potential for ADU additions (buyer to verify). By adding just one additional unit, projected returns increase to a 9.09% cap rate. Located in a rapidly developing submarket, 423 E 82nd St is just minutes from USC, Downtown LA, SoFi Stadium, and more, ensuring strong rental demand and long-term appreciation. Don’t miss this opportunity to own a high-yield, value-packed multifamily property in a transforming neighborhood!

Call or Email Terrence Griffin now to inquire about this property

619-952-0152