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Six-Unit Apartment Building
For Sale
$2,899,999

1507 W 83rd Street Los, Los Angeles, CA 90047

Newly constructed multifamily property with varied floor plans, in-unit laundry hookups, solar panels, and upgraded kitchens.

Property SizeContact for details
Days on Market53

Property Features for 1507 W 83rd Street Los

General Information

Standard status Active
Property subtype Apartment

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

Additional Details

Highway Access Yes

Amenities

in-unit laundry hook-ups
energy-efficient HVAC
quartz countertops
solar panels
stainless steel appliances
Electric
Central Air
Central
Dishwasher
Electric Oven
Electric Range
Disposal
Microwave
Refrigerator
Electricity Connected, Sewer Connected, Water Connected

Building Details

Year Built 2026
Stories 3
Listing Agency:
Listed By: David Mejia · License #02251745
Source: Kw
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 29 at 7:59PM

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 apartment property contains six units with a varied layout mix: one 3-bedroom/3.5-bath unit, one 2-bedroom/2-bath unit, two 3-bedroom/3-bath units, one 3-bedroom/2-bath unit, and one 2-bedroom/1.5-bath unit. Residences feature open-concept interiors, abundant natural light, in-unit laundry hookups, central air, energy-efficient HVAC, quartz countertops, solar panels, and kitchens equipped with stainless steel microwaves, stoves, refrigerators, dishwashers, disposals, and electric ranges or ovens.

The property is located near Circle Park and Vermont Miracle Park, with access to major freeways and a position less than 10 miles from DTLA. Water is submetered, and the property is identified as non-rent control. The projected pro forma cap rate is 6.2% based on market rents.

Key Highlights

  • Six apartment units completed in 2026
  • Unit mix includes 3‑bedroom and 2‑bedroom floor plans with 1.5 to 3.5 bathrooms
  • In‑unit laundry hookups, central air, and energy‑efficient HVAC

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed multifamily property with varied floor plans, in-unit laundry hookups, solar panels, and upgraded kitchens.
Where is this apartment building located?
The property is located at 1507 W 83rd Street Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,899,999.
What are key features of this property?
This property features: Six apartment units completed in 2026; Unit mix includes 3‑bedroom and 2‑bedroom floor plans with 1.5 to 3.5 bathrooms; In‑unit laundry hookups, central air, and energy‑efficient HVAC
More about this property
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