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423 E 82nd Street is a fully renovated 4-unit property in one ofLos Angeles’ fastest-growing neighborhoods. Featuring anexcellent unit mix of four (4) spacious 3-bed/1-bath units, thisasset is ideal for both owner-users and investors seekingstrong 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 thisone of the highest-income-producing 4-plexes in theneighborhood. Priced at an 8.27% cap rate, this property is atrue cash cow with proven rental income. All occupied unitsare leased through Section 8 vouchers, ensuring stable,government-subsidized income.The property also features four covered parking spaces andpotential for ADU additions (buyer to verify). By adding justone additional unit, projected returns increase to a 9.09% caprate. Located in a rapidly developing submarket, 423 E 82nd St isjust 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-packedmultifamily property in a transforming neighborhood!
Property Type(s):
Residential Income
| Last Updated | 4/2/2025 | Year Built | 1966 |
|---|---|---|---|
| Community | Metropolitan South | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AREA | Metropolitan South |
|---|---|
| GARAGE | Yes |
| LOT | 5200 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | LAR2 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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