Six-Unit Apartment
New
For Sale
$2,849,999
1507 W 83rd St, Los Angeles, CA 90047
Newly built multifamily property with assigned parking, open layouts, and in-unit laundry connections.
Property Size6,650 SF
Days on Market3
Property Features for 1507 W 83rd St
General Information
Standard status
Active
Size
6,650 SF
Total Parking Spaces
6
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3.5BA, 1 x 2BR/2BA, 2 x 3BR/3BA, 1 x 3BR/2BA, 1 x 2BR/1.5BA
Multifamily Units
6
Parking per Unit
1
Amenities
in-unit laundry hook-ups
energy-efficient HVAC
quartz countertops
stainless steel appliances
solar panels
Building Details
Building Size
6,650 SF
Year Built
2026
Units
6
Listing Agency:
Listed By:
David Mejia
Source:
Elliman
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 16 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Mejia
Investment Insights
Based on property information with market context.
Completed in 2026, this six-unit apartment property at 1507 W 83rd St includes a varied residential mix: one three-bedroom/three-and-a-half-bath unit, one two-bedroom/two-bath unit, two three-bedroom/three-bath units, one three-bedroom/two-bath unit, and one two-bedroom/one-and-a-half-bath unit. Every residence has an assigned parking space or garage, open-concept interiors, abundant natural light, and in-unit laundry hookups. Building improvements include energy-efficient HVAC, quartz countertops, solar panels, and kitchens equipped with stainless steel microwaves, stoves, refrigerators, and dishwashers.
The property is in Los Angeles, near Circle Park and Vermont Miracle Park, with access to major freeways and a location less than 10 miles from downtown Los Angeles. The building is non-rent-control, and water service is submetered. Walk Score is 67, Transit Score is 59, and Bike Score is 70. The estimated pro forma cap rate is 6.2% based on projected market rents.
The property is in Los Angeles, near Circle Park and Vermont Miracle Park, with access to major freeways and a location less than 10 miles from downtown Los Angeles. The building is non-rent-control, and water service is submetered. Walk Score is 67, Transit Score is 59, and Bike Score is 70. The estimated pro forma cap rate is 6.2% based on projected market rents.
Key Highlights
- Six‑unit apartment building completed in 2026
- Unit mix includes five 3‑bedroom residences and two 2‑bedroom residences with varied bath counts
- Assigned parking space or garage provided for each unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly built multifamily property with assigned parking, open layouts, and in-unit laundry connections.
Where is this apartment building located?
The property is located at 1507 W 83rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,849,999.
What are key features of this property?
This property features: Six‑unit apartment building completed in 2026; Unit mix includes five 3‑bedroom residences and two 2‑bedroom residences with varied bath counts; Assigned parking space or garage provided for each unit
