423 E 82nd St

423 E 82nd Street is a fully renovated 4-unit property in one of
Los Angeles’ fastest-growing neighborhoods. Featuring an
excellent unit mix of four (4) spacious 3-bed/1-bath units, this
asset is ideal for both owner-users and investors seeking
strong 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 this
one of the highest-income-producing 4-plexes in the
neighborhood. Priced at an 8.27% cap rate, this property is a
true cash cow with proven rental income. All occupied units
are leased through Section 8 vouchers, ensuring stable,
government-subsidized income.
The property also features four covered parking spaces and
potential for ADU additions (buyer to verify). By adding just
one additional unit, projected returns increase to a 9.09% cap
rate. Located in a rapidly developing submarket, 423 E 82nd St is
just 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-packed
multifamily property in a transforming neighborhood!