234 E 84th Street, Los Angeles, CA 90003
- $1,995,000
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- OC26075895
- Year Built
- 2022
- Lot Size
- 5,201
- Acres
- 0.12
- Lot Location
- Front Yard
- Days on Market
- 110
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $146,244
- Operating Expense
- 4800
Listing courtesy of Listing Agent: Michelle Yoon (topagentmichelle@gmail.com) from Listing Office: OneTop Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.