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8124 W 83rd Street
USD 1,995,000
Property ID: PW25014606
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8124 W 83rd Street ,90293
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icon 6254 SqFt
icon Built in 1958
icon USD 319/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
4351
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1958
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Detailed Introduction Of This Home
8124 W 83rd Street is a well-maintained 5-unit apartment building located in the coveted area of Playa del Rey. This property features ideal unit mix, including (1) 3-bed/2-bath, (2) 2-bed/1-bath, and (2) 1-bed/1-bath units, catering to a range of tenant needs. Please do not disturb the tenants. The building features copper plumbing throughout, ensuring long-term durability and low maintenance requirements. The property offers a strong financial return from day one, for sale at a near 5% CAP rate and 12.85 GRM w/ 27% rental upside. Through continued improvements and simple rent increases, the property has potential to operate at a 6.80% CAP rate and 10.13 GRM. With a highly desirable location with easy access to the beach, Loyola Marymount University, and Playa del Rey's and Playa Vista's retail and dining options, this property represents a prime investment opportunity in a sought-after neighborhood.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
Cannot be empty
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (14)
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8124 W 83rd Street
USD 1,995,000 0 Beds
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