754 E 84th Place, Los Angeles, CA 90001
- $1,089,000
- List Price
- $1,089,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW26117743
- Year Built
- 1965
- Lot Size
- 5,101
- Acres
- 0.12
- Lot Location
- 36-40 Units/Acre
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Welcome to 754 E 84th Pl. This four-unit plus ADU apartment building offers exceptional value and opportunity for investors and owner-users alike. Five spacious legal units across 4,211 sq ft of livable space: Unit 1 is a tenant-occupied 3 bed 2 bath. Unit 2 is a vacant remodeled 2 bed 1 bath. Unit 3 is a tenant-occupied 2 bed 1 bath. Unit 4 is a vacant remodeled 1 bed 1 bath. Unit 5 is a brand-new fully permitted ADU with 2 bed 1 bath. Units 1 and 3 are rented to long-term tenants. Units 2, 4, and 5 are vacant and move-in ready. The property is pre-approved for conventional financing as a four-unit (plus ADU). A commercial loan is not necessary. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. This property is ideal for investors seeking an outstanding 10% CAP rate, or owner-users to live in one or more vacant units.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $141,492
- Operating Expense
- 32777
Listing courtesy of Listing Agent: Chris Barker (chris@yorkshirere.com) from Listing Office: Yorkshire 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.