925 W 84th St, Los Angeles, CA 90044
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925 W 84th St, Los Angeles, CA 90044
925 W 84th St, Los Angeles, CA 90044
925 W 84th St, Los Angeles, CA 90044
925 W 84th St, Los Angeles, CA 90044
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925 W 84th St Los Angeles, CA 90044

9 Beds

7 Baths

4,620 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $325

MLS Listing ID 26107798

Bedrooms 9

Construction Status Updated/Remodeled

Year Built 1915

Lot Size 9,154 Sqft

Acres 0.2101

Property Sub-Type Multi-Family

Property Description

Remodeled 7-unit multifamily in South Los Angeles with income today and room to grow (PHOTOS COMING SOON). FOUR UNITS are VACANT (the 3-bedroom house plus three 1-bedrooms), so a new owner can lease up and set market rents on their own timeline with no rehab ahead, while three 1-bedroom units are occupied. TENANTS PAY GAS & ELECTRIC. Renovation includes new kitchens with shaker cabinets and stone counters, vinyl plank flooring, fresh paint, & LED lighting. One 3-bedroom/1-bath house and six 1-bedroom/1-bath units on a large 9,154 sq ft lot with 7 parking spaces and a communal laundry room. Pro-forma gross income is approximately $14,400/month ($172,800/year), a 6.55% pro-forma cap rate and 8.71 GRM. Near The SEED School of LA County, South LA Cafe, new developments, SOFI, Youtube Theatre, Intuit Dome, & The Kia Forum. Convenient access to the 110 and 105 freeways, Metro bus lines, and Metro rail for an easy commute across LA. Ideal for value-add investors, 1031 exchange buyers, first-time multifamily owners, and long-term holders. PER ZIMAS - LAR3 TOC Tier 3 Zoning.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate

Equipment Refrigerator

Exterior

Parking Features Parking Space

Garage Spaces 7.0

Building

Lot Description Front Yard

Story 2

Level or Stories One, Two

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

Nearby Locations

Cherrie And Zach

Cherrie And Zach

Agent License ID: 01904568

+1(661) 312-2536

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925 W 84th St