Property listed by eXp Realty of Greater Los Angeles, Vivian Lesny 888-652-1314
1440 W 84th Place
Los Angeles, CA 90047
Beds
6
Baths
3
Square Ft.
2,167
$999,000
Income-producing triplex opportunity in South Los Angeles with strong rental upside and one unit delivered vacant. This property features a front single-family residence and a rear duplex, offering an ideal setup for investors seeking stable income with future growth potential. The front house offers 2 bedrooms and 1 bathroom with… Read More a detached 2-car garage. The rear duplex consists of two 2-bedroom, 1-bathroom units, each with two assigned parking spaces. One unit will be delivered vacant at close of escrow, providing flexibility for owner-occupancy or immediate rent adjustment. Current rents total $5,502 per month, with projected market rents estimated between $2,700 and $2,900 per unit, presenting a clear value-add opportunity. Property is occupied by Section 8 tenants, offering consistent rental income and stability. Each unit is equipped with a wall-mounted gas heater, and the owner currently pays water. Property does not have central air conditioning. Refrigerators and stoves are included in all units. Convenient South Los Angeles location with strong rental demand and excellent accessibility to major employment and entertainment hubs (Minutes from major destinations such as SoFi, Stadium, Kia Forum, Intuit Dome, Hollywood Park development). The property is situated in a walkable residential neighborhood near schools, parks, shopping, and public transportation. Read Less
Listing Snapshot
Days Online
1
Last Updated
Beds
6
Square Ft.
2,167
Lot Size
0.15 Acres
Year Built
1950
MLS Number
26672849
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1950, Living area: 2167.0, 2 buildings, Levels: MultiSplit
Cooling
None
Disclosures
SellerDisclosure
Expenses
Water/Sewer: $600
Heating
WallFurnace
Income
Gross Income: $5,502, Net Operating Income: $36,776
Lot
0.1533 acres
Parking
DoorMulti, Garage, Uncovered
Taxes
Parcel Number: 6034028004, Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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