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1019 E 84th Place, Los Angeles, CA 90001$1,649,000

13
beds
8
baths
4753
ft2
· 5741
ft2 lot
$347 / ft2

Listing provided courtesy of Michael Fitzgerald, Power Brokers International
Source CRMLS;
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Extremely attractive 6.21% cap! 1019 E. 84th Pl is a brand new non rent controlled, 2022, modern 3-unit townhouse complex that consists of one 2-story duplex and one 2-story ADU, with 5 parking spots, located in South Los Angeles. The front duplex consists of 5 bedrooms & 3.5 baths each (3667 sqft total), while the ADU has a 3 bedroom & 2.5 bath (1,086 sqft). The parking consists of 2 garage spaces, and 3 uncovered spaces. All units have an open floor plan, bringing in lots of natural light, tile flooring throughout common area, large bedrooms with laminate flooring, big bathrooms, ample closet space, and in-unit washer & dryer hookups, making this perfect for investors looking to own a cash-flowing asset in Los Angeles.

HOA

No HOA

On market

3 months

Year built

2022

Property type

Multi-Family

Parking

5

MLS

22213815

Price / Sq.Ft.

$347 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1019 E 84th Place

Interior Features & Layout
Interior Features
•   
Window Features: Double Pane Windows
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
Flooring
•   
Flooring: Tile
Interior Size
•   
Building Area Total: 4753.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Detached Carport, Driveway
•   
Garage Spaces: 2.00
•   
Uncovered Spaces: 3.00
Building Info
•   
Zoning: LAR2
•   
New Construction: 1
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 3
Lot Info
•   
Lot Size Acres: 0.1318
•   
Lot Size Dimensions: 45x128
•   
Lot Size Area: 5741.0000
•   
Lot Size Units: Square Feet
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 133020.00
•   
Cap Rate: 6.21
•   
Total Expenses: 30594.00
•   
Gross Multiplier: 12.39
Tax/Assessment Info
•   
Gross Income: 0.00
Lease Info
•   
Net Operating Income: 102425.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 0.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 0.00
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 5
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 3
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 5
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 3
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 3
School Neighborhood & Directions
School Info
•   
Directions: South on the I-110, exit at Manchester, continue east on Manchester, take a left on Central, and left on 84th Pl.
Other
Calculation
•   
Dom: 8

Property History for 1019 E 84th Place

11/01/2022
11/01/2022
CRMLS #22213815
active
CRMLS #22213815
$1,649,000
+274.77%
07/27/2021
07/27/2021
CRMLS #21736250
sold
CRMLS #21736250
$440,000
06/07/2021
06/07/2021
CRMLS #21736250
pending
CRMLS #21736250
$440,000
05/25/2021
05/25/2021
CRMLS #21736250
active
CRMLS #21736250
$440,000

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