1417 W 84th, Los Angeles, CA 90047

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List Price
$2,099,000
Status
ACTIVE
MLS#
RS26208008
Year Built
1922
Lot Size
6,699
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Do Not Disturb Occupants. Drive-by only. Exceptional investment opportunity featuring a 2023-built triplex plus ADU with four total units, fully occupied by long-term tenants and generating approximately $197,028 in annual gross scheduled rents. Priced right with a potential 7%+ cap rate, depending on operating expenses. The property includes three spacious five-bedroom residences, each with multiple bathrooms, private living areas, and garage parking, plus a separate studio ADU. All four units feature separately metered electric, gas, and water, with tenants responsible for their individual utilities. Solar and drought-conscious landscaping further enhance the property’s efficiency and reduce ongoing ownership costs. Located in South Los Angeles, the property is approximately 3.5 miles from SoFi Stadium and Kia Forum, 4 miles from USC and BMO Stadium, 8 miles from Downtown Los Angeles, and 10 miles from LAX, with convenient access to the 110, 105, 10, and 405 freeways.

Additional Information

Appliances
Built-In Range, Disposal
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Drywall
Roof
Other
Garage Spaces Total
5
Sewer
Sewer Tap Paid
Water
Public
Interior Features
Recessed Lighting
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$197,028
Operating Expense
40590

Listing courtesy of Listing Agent: David Smith (davesmith@remax.net) from Listing Office: REMAX Professionals.

Mortgage Calculator

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Calculator source: Real Geeks

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.