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1019 E 84Th Pl, Los Angeles, CA 90001
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1019 E 84Th Pl Los Angeles, CA 90001

$1,649,000
  • 13 Beds
  • 9.5 Baths
  • 3,667 Sq.Ft.
Pending
$1,649,000 Get Pre-Qualified
Map preview of 1019 E 84Th Pl, Los Angeles, CA 90001

Property Overview: 1019 E 84Th Pl Los Angeles, CA has 13 bedrooms, 9.5 bathrooms, 3,667 living square feet and 5,743 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A brand new 2023 construction NON RENT CONTROLLED triplex in Green Meadows, South Los Angeles. This property is made up of two huge 5 bed/3.5 bath units & one 3 bed/2.5 bath unit. With ALL UNITS rented now, it boasts a stabilized 6.72% cap rate! Step into income on day one!

Listed by Elizabeth Maddox | BRE #01921425 | Myunits.com Inc.
Co-listed by Isaac Davidi | BRE #01819489 | On Track Property
Last checked: 41 seconds ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
5,743
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Triplex
Status
Pending
MLS#
BB23219515
City
Los Angeles
County
Los Angeles
Time on Site
116 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,100
  • Total Rent: $4,100
  • Pro Forma/Market Rent: $4,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,100
  • Total Rent: $4,100
  • Pro Forma/Market Rent: $4,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.64%
  • Gross Rent Multiplier: 11.87
  • Gross Scheduled Income: $142,800
  • Net Operating Income: $112,591
  • Gross Operating Income: $137,088
Annual Expense Breakdown
  • Total Operating Expense: $24,497
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $20,330
  • Trash: $0
  • Gardener: $400
  • Insurance: $1,467
  • Maintenance: $500
  • Water/Sewer: $0

Open Houses for 1019 E 84Th Pl

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Property Details for 1019 E 84Th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Kitchen, Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • New Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6029021007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Heading North on S Central Ave take a left on to 84th Place, property will be on your right.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1019 E 84Th Pl

Last sold for $475,000 on July 27th, 2021

  • February, 2024

  • Feb 29, 2024

    Date

    Pending

    CRMLS: BB23219515

    $1,649,000

    Price

  • Jan 16, 2024

    Date

    Active

    CRMLS: BB23219515

    $1,649,000

    Price

  • December, 2022

  • Dec 17, 2022

    Date

    Canceled

    CRMLS: 22213815

    $1,649,000

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: 22213815

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    Extremely attractive 6.21% cap! 1019 E. 84th Pl is a brand new non rent controlled, 2022, modern 3-unit townhouse complex that consists of one 2-story duplex and one 2-story ADU, with 5 parking spots, located in South Los Angeles. The front duplex consists of 5 bedrooms & 3.5 baths each (3667 sqft total), while the ADU has a 3 bedroom & 2.5 bath (1,086 sqft). The parking consists of 2 garage spaces, and 3 uncovered spaces. All units have an open floor plan, bringing in lots of natural light, tile flooring throughout common area, large bedrooms with laminate flooring, big bathrooms, ample closet space, and in-unit washer & dryer hookups, making this perfect for investors looking to own a cash-flowing asset in Los Angeles.

  • July, 2021

  • Jul 29, 2021

    Date

    Sold

    CRMLS: 21736250

    $475,000

    Price

  • Jun 7, 2021

    Date

    Pending

    CRMLS: 21736250

    $440,000

    Price

  • May 25, 2021

    Date

    Active

    CRMLS: 21736250

    $440,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all Developers and Investors!! This is an incredible opportunity to build on an R2-Zoned lot in the heart of S. Los Angeles. This property sits on a gracious 5,741 sf lot and includes alley access for future development. Trust sale with NO court confirmation. Property to be sold in AS-IS condition with no repairs or credits to be given by the Sellers. Buyer to verify all information regarding the development potential and rely on their own due diligence and inspections.

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Tax History for 1019 E 84Th Pl

Assessed Value (2020): $25,718
Year Land Value Improved Value Assessed Value
2020 $16,782 $8,936 $25,718

Home Value Compared to the Market

This property vs the competition

1019 E 84Th Pl is listed 32.03% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $449.69 per/sqft which puts the price per square foot 41.9% lower than the median price per square foot for the city of Los Angeles.

About 1019 E 84Th Pl

Detailed summary of property

1019 E 84Th Pl is a triplex located in Los Angeles, CA 90001 and is currently in escrow to be sold. This triplex offers 13 bedrooms, 9.5 bathrooms, roughly 3,667 living square feet, and sits on an approximately 5,743 square foot lot. 1019 E 84Th Pl was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $1,649,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32.03% higher than the median priced home. Local competing homes currently for sale include 438 E 56th St, 10950 S Main St and 302 W 107th St. While the average home in Los Angeles, CA is selling in 93 days, 1019 E 84Th Pl has a days on market of 2 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1019 E 84Th Pl Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1019 E 84Th Pl

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
812
Lot Size
5,741
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
69
APN
6029-021-007

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,999
Median List Price/Sq.Ft.
$540
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
31
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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Recently Sold Homes Near 1019 E 84Th Pl

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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