236 West 84th Place

Los Angeles, CA 90003

$1,695,000
Price
13
Beds
7
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Welcome to an unbelievable investment opportunity located conveniently near Broadway and the 110 Freeway. This brand new construction 3 unit property will be delivered completely vacant, allowing you to capitalize on top market rents. Consisting of two 5 bed 3 bath units and a standalone 3 bedroom unit, this property provides open floor plans, large bedrooms, and modern finishes. This property also comes with six parking spots on site which makes the property very simple to rent out. Do not miss...Welcome to an unbelievable investment opportunity located conveniently near Broadway and the 110 Freeway. This brand new construction 3 unit property will be delivered completely vacant, allowing you to capitalize on top market rents. Consisting of two 5 bed 3 bath units and a standalone 3 bedroom unit, this property provides open floor plans, large bedrooms, and modern finishes. This property also comes with six parking spots on site which makes the property very simple to rent out. Do not miss this opportunity to lock up a 7.35% projected cap rate with low maintenance and simple management!
  1. Listed by Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property

Property Details for 236 West 84th Place

Zoning
LAR3
Parcel Number
6040006023
Total Units
3.0
Area
Metropolitan South (C37)
Vacancy Rate
Vacant
Lot Size Area
5321
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
6040-006-023
LISTING UPDATED: 10/24/2024 10:39 AM

Property Details for 236 West 84th Place

StatusActive
MLS #24-439629
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.12 AC / 5,321 SF
CountyLos Angeles County

Building Information for 236 West 84th Place

Stories2Residences-Year Built2024Building Size-Lot Size0.12 AC / 5,321 SF

Property Information for 236 West 84th Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • Property Condition: New Construction
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $166,212
  • Net Operating Income: $124,659.00
  • Gross Income: $166,212
  • Cap Rate: 7.35%
  • Gross Rent Multiplier: $10.20
  • Total Annual Expense: 41553
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1222
  • Lot Size Square Feet: 5321
  • Lot Size Dimensions: 40x133
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport Attached
  • Total Parking: 6
  • Parking Features: Attached Carport
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Vented Exhaust Fan, Stackable W/D Hookup, Solar Panels
  • Laundry: Stackable
Exterior Features
Exterior Features
  • New Construction: Yes
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-13-2024
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,968.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,968.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,968.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,968.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,915.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $17,680.00
  • Assessed Improvement Percent: 56.03
  • Assessed Land Value: $13,873.00
  • Assessed Land Percent: 43.97
  • Assessed Total Value: $31,553.00

Property History for 236 West 84th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 236 West 84th Place

Taxable ValueLand$14,150Additions$18,033Total$32,183
Tax Record2024$517 ($43 / month)
Home Facts
Beds2Total Finished SqFt788 SqFtAbove Grade Finished SqFt788 SqFtStories1Lot Size5,319 SqFtStyleSingle Family ResidenceYear Built1922ZoningLAR3CountyLOS ANGELESAPN6040-006-023

Schools near 236 West 84th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Dr. Owen Lloyd Knox Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

KIPP Empower Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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236 West 84th Place is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on September 13, 2024 by On Track Property, it's currently listed at $1,695,000. It has been on the market for a total of 72 days and was last sold on January 10, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Dr. Owen Lloyd Knox Elementary School, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 236 West 84th Place is a 13-bed, 7-bath, multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of On Track Property, Isaac Davidi, DRE #01819489

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.