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Listed by Michelle J Yoon • OneTop Realty
$1,945,000
Est. payment /mo
5,486 SqFt
Price Dropped by $50K
234 East 84th Street Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,486 sqft
Price per Sqft $354
MLS Listing ID OC-26075895
Year Built 2022
Lot Size 5,201 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
234 E. 84th St is a 2022-built modern income property featuring three thoughtfully designed units: Front unit: 2-story, 6 bedrooms / 3 bathrooms
Rear units: Each 3-story, 5 bedrooms / 4 bathrooms. Stylish architecture with fully paid solar panels, separate utility meters, and ample parking (4 covered + 2 uncovered) provides both efficiency and tenant appeal. Spacious bedrooms and bathrooms, high quality finishes, and low operating expenses make this property an excellent investment opportunity. Based on current income and minimal owner expenses, the property delivers a CAP rate of approximately 7%, offering strong cash flow potential in a growing South LA area. City-submitted plans are available upon request providing transparency and confidence for buyers. A rare opportunity to acquire a modern, low-maintenance property in a growing area of Los Angeles.
Rear units: Each 3-story, 5 bedrooms / 4 bathrooms. Stylish architecture with fully paid solar panels, separate utility meters, and ample parking (4 covered + 2 uncovered) provides both efficiency and tenant appeal. Spacious bedrooms and bathrooms, high quality finishes, and low operating expenses make this property an excellent investment opportunity. Based on current income and minimal owner expenses, the property delivers a CAP rate of approximately 7%, offering strong cash flow potential in a growing South LA area. City-submitted plans are available upon request providing transparency and confidence for buyers. A rare opportunity to acquire a modern, low-maintenance property in a growing area of Los Angeles.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Heating Central
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Building
Lot Description Front Yard
Sewer Public Sewer
NEARBY SCHOOL & BUSINESS
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