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Detached Cottage Quadplex
New
For Sale
$785,000

612 E 83rd St, Los Angeles, CA 90001

Four private cottage-style residences with gated parking and separately metered utilities.

Property Size1,920 SF
Lot Size0.13 Acres
Days on Market2

Property Features for 612 E 83rd St

General Information

Standard status Active
Size 1,920 SF
Net Rentable 1,920 SF
Total Parking Spaces 4
Lot size 0.13 Acres
Property subtype Multifamily
Occupancy 50%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Cap Rate 6.66%

Amenities

gated entrance
Owner-user opportunity
Detached cottage-style units
Two units delivered vacant at closing
Four gated on-site parking spaces
Gated property with controlled access

Building Details

Building Size 1,920 SF
Year Built 1926
Units 4
Construction cottage-style
Listing Agency: Encino Office
Listed By: Shara Parseghian · License #License(s): CA: 01991749
Source: Marcusmillichap
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 10 at 3:08AM

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 Encino Office

Investment Insights

Based on property information with market context.

This quadplex contains four detached one-bedroom, one-bath residences with a combined 1,920 square feet of rentable area on a 5,740-square-foot lot. Constructed in 1926, the bungalow-style configuration gives each home a more independent residential setting. Every unit has separate gas and electric metering and an individual water heater. The property also includes a gated entrance and four secured on-site parking spaces.

Two residences are scheduled for vacant delivery at closing. The remaining units provide an existing rental component, while the vacant units can support either owner occupancy or additional leasing, as described for the property. The asset is located at 612 E. 83rd Street in Los Angeles, with access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and the Los Angeles Memorial Coliseum. Regional connections include the 110, 10, and 105 Freeways, along with nearby public transportation.

Key Highlights

  • Four detached 1‑bedroom, 1‑bathroom units
  • 1,920 square feet of rentable space on a 5,740‑square‑foot lot
  • Built in 1926 with bungalow‑style unit layouts

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Pharmacy

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

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 90001, CA

55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
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?
Quadplex - Four private cottage-style residences with gated parking and separately metered utilities.
Where is this quadplex located?
The property is located at 612 E 83rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Four detached 1‑bedroom, 1‑bathroom units; 1,920 square feet of rentable space on a 5,740‑square‑foot lot; Built in 1926 with bungalow‑style unit layouts
More about this property
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