Property Detail

234 84th

Los Angeles CA 90003

$1,995,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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