21 days on rocket

725 W 83rd St, Los Angeles, CA, 90044

$695,000

Home List Price

$8,253*

Closing Credit

5 Bedrooms
2 Baths
1,963 SqFt
$354/SqFt
House
Schools Nearby

Location

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725 W 83rd St, Los Angeles$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1921
HeatingNatural Gas
CoolingNone
MLS #24377244
Lot Size0.14 Acres
StatusActive

About 725 W 83rd St

Introducing a remarkable investment opportunity! This meticulously maintained duplex features two spacious 3-bedroom, 2-bathroom units, providing versatile living spaces for residents. Nestled within a gated property, the front and back units share only one common wall, ensuring privacy and tranquility for both occupants. The front yard is exclusively dedicated to the front house, while ample parking is available at the back, enhancing convenience for residents. The back unit, constructed in 2005, boasts modern amenities such as new wood-like vinyl floors, a separate kitchen, and ample closet space. Meanwhile, the front unit offers an open floor plan, covered front and back porches, and laundry hookups. Whether you're seeking to generate rental income or live in one unit while renting out the other, this duplex presents endless possibilities for financial growth and investment. Zoned R3, there's potential for further development, including the option to build multi-unit structures. This presents a compelling opportunity for investors looking to maximize their returns and expand their portfolio in a thriving rental market. Located in a desirable area with strong rental demand, this property promises lucrative returns. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,963 SqFt

Listing Office:

  • Office Name: Christie's AKG
  • Office Phone: (424) 249-7162
  • Listing Agent: Anna Kadinowa

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mary Mcleod Bethune Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Manchester Avenue Elementary School, Public District Grades 1-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $3,700
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

725 W 83rd St vs Los Angeles

21 DAYS ON ROCKET

-13 Days

$695,000

-$291.4K Less

$354/SqFt

-$278 Less

KEY TAKEAWAY

This property is $291.4K less than the Median Sold Price and $278/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24377244

Listing Office:

  • Office Name: Christie's AKG
  • Office Phone: (424) 249-7162
  • Listing Agent: Anna Kadinowa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2024, 6:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2013Home Sold
$250,000
Dec 22, 2000Home Sold
$107,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,700$284,408
2020$3,595$281,492
2019$3,482$275,974
2018$3,411$270,563
2017$3,411$265,258

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4437683
6
/10

  • Manchester Avenue Elementary School

  • 661 W 87th St

  • 0.28 miles

  • Public District Grades 1-6

school-card-donut-4437684
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.01 miles

  • Public Magnet Grades KG-6

school-card-donut-4437685
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.23 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4437686
4
/10

  • Mary Mcleod Bethune Middle School

  • 155 W 69th St

  • 1.14 miles

  • Public Magnet Grades 6-8

school-card-donut-4437687
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.15 miles

  • Public District Grades 6-8

High School

school-card-donut-4437688
3
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 1.07 miles

  • Public Magnet Grades 9-12

school-card-donut-4437689
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.65 miles

  • Public Magnet Grades 9-12

school-card-donut-4437690
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 20.00 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,120. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 W 83rd St

What is the listing price of this property?

The listing price of 725 W 83rd St property is $695,000.

What type of property is this?

The property 725 W 83rd St is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 725 W 83rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 725 W 83rd St are:
Manchester Avenue Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Mary Mcleod Bethune Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
John C. Fremont Senior High School: GreatSchools Rating 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,700 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2013 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 725 W 83rd St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 725 W 83rd St is 1,963 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 W 83rd St is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›725 W 83rd St

This home is located at 725 W 83rd St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 1,963 square foot home, which was built in 1921, sits on a 0.14 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $695,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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