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.
Multi-familyProperty Type
1958Year Built
6,254 sq ftLot Size
$429Price/Sq.Ft.
4 car garageParking
Listed by Woody Stahl•DRE #01399621• Lyon Stahl Investment Real Est
Listed by Brett Lyon•DRE #01717818• Lyon Stahl Investment Real Estate, Inc.
Contact: broker@lyonstahl.com
Bought with Jordan Polon•DRE #02121584• LB Property Management Inc
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
6,254 Sq. Ft.
Year renovated
1958
Sq. Ft.
4,351
Year built
1958
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
4115013024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Area
Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11779614
Listing Key Numeric: 373831432
Actual Rent: $3,735
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $3,735
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11779615
Listing Key Numeric: 373831432
Actual Rent: $2,100
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Attached Garage: Yes
# of Garage Spaces: 1
Total Rent: $2,100
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 373831432
Unit Key Numeric: 11779616
Actual Rent: $2,789
Total # of Baths: 1
# of Baths Full: 1
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,789
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 373831432
Unit Key Numeric: 11779617
Actual Rent: $2,284
Total # of Baths: 1
# of Baths Full: 1
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,284
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 11779618
Listing Key Numeric: 373831432
Actual Rent: $2,005
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,005
Total # of Units: 1
Expenses
Total: $51,476
Maintenance: $6,210
Insurance: $6,527
New Taxes: $24,939
Gardener: $1,180
Multi-Unit Information
Net Operating Income: $99,119
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 4,351
Gross Scheduled Income: $155,252
Gross Operating Income: $150,595
Gross Multiplier: 12.4
Gross Income: $155,252
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 1
Vacancy Allowance: 4658
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Total # of Units: 5
Common Walls: 2+ common walls
Parcel Number: 4115013024
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $51,476
Other Expense: $4,857
Other Expense Description: Utility
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking
Location Information
Latitude: 33.95904200
Longitude: -118.43856600
Directions: 1 block north of W Manchester Ave
Zoning: LAR3
Public facts
Beds: 9
Baths: 6.0
Sq. Ft.: 4,351
Stories: —
Lot Size: 6,254 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1958
Year Renovated: 1958
County: Los Angeles County
APN: 4115013024
Home facts updated by county records on Sep 21, 2026
Other
Listing Information
IDX Contact Info: broker@lyonstahl.com
Days Active in MLS: 21
Continuous Days Active in MLS: 21
Listing Agent Information
List Agent First Name: Woody
List Agent Last Name: Stahl
Co-List Agent First Name: Brett
Co-List Agent Last Name: Lyon
Listing Office Information
List Office Name: Lyon Stahl Investment Real Est
Co-List Office Name: Lyon Stahl Investment Real Estate, Inc.
Selling Agent Information
Buyer Agent First Name: Jordan
Buyer Agent Last Name: Polon
Selling Office Information
Buyer Office Name: LB Property Management Inc
Around this home
Schools
Paseo Del Rey Natural Science Magnet
Public K-5 • Assigned • 0.3mi
5/10
Katherine Johnson STEM Academy
Public 6-8 • Assigned • 0.6mi
7/10
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 0.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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