Property Details
About this Property
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!
MLS Listing Information
MLS #
CRSB25070559
MLS Source
California Regional MLS
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Contact Information
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
Co-Listing Agent
Brandon Maghen
Lyon Stahl Investment Real Estate, Inc.
License #: 02250000
Phone: (310) 409-3908
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
423 E 82nd St is a Residential Income in Los Angeles, CA 90003. This – square foot property sits on a 5,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,180,000 and was built in 1966. This address can also be written as 423 E 82nd St, Los Angeles, CA 90003.
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This listing information is up-to-date as of May 20, 2025. For the most current information, please contact Aaron Jacobson, (310) 729-1559
