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315 W 84th Pl, Los Angeles, CA 90003
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315 W 84th Pl Los Angeles, CA 90003

$475,000 Sold Price as of 05/21/2021
  • 4 Beds
  • 2 Baths
  • 1,320 Sq.Ft.
Sold
$475,000 Sold Price as of 05/21/2021 Refinance Your Mortgage
Map preview of 315 W 84th Pl, Los Angeles, CA 90003

Property Overview: 315 W 84th Pl Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,320 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 315 W 84th Pl, Los Angeles, CA 90003. Built in 1937, this 2-unit property totals 1,320 rentable SF on a 5,199 SF lot. Comprised of 2 buildings, each with a single two-bedroom one-bathroom unit mix, both units are separately metered for gas and electricity. Additionally, the property offers 6 parking spaces. The property is located in the Florence neighborhood, part of the South Los Angeles area, and is within walking distance to grocery stores, restaurants and shops; easy access to I-105; adjacent to Fremont High School & 75th St Elementary School; about 14-minutes away from Downtown Los Angeles; 3.6 miles from the New SoFi Stadium; a few exits from USC; and a mere 12-minute drive without traffic to LAX. Both units are currently rented. Tenants are up to date with their rents, and all rents were paid in full and on-time each month YTD. Moreover, because 315 W 84th Pl is zoned C2-1VL-CPIO* (per ZIMAS – Buyer Shall Verify // LARD 1.5* per title), an investor may be capable of capitalizing from a highest and best potential utilization of this asset.

Listed by Alex Colombo | BRE #01927702 | Lyon Stahl Investment Real Est
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21032517
City
Los Angeles
County
Los Angeles
Time on Site
1318 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,060
  • Total Rent: $2,120
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $25,440
  • Net Operating Income: $13,126
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,551
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $6,157
  • Trash: $0
  • Insurance: $528
  • Water/Sewer: $1,200

Property Details for 315 W 84th Pl

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6040003008
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W 84th Pl & Broadway
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 315 W 84th Pl

Last sold for $475,000 on May 21st, 2021

  • May, 2021

  • May 22, 2021

    Date

    Sold

    CRMLS: PW21032517

    $475,000

    Price

  • Apr 25, 2021

    Date

    Pending

    CRMLS: PW21032517

    $475,000

    Price

  • Apr 10, 2021

    Date

    Price Change

    CRMLS: PW21032517

    $475,000

    Price

  • Feb 16, 2021

    Date

    Active

    CRMLS: PW21032517

    $495,000

    Price

  • May, 2018

  • May 22, 2018

    Date

    Expired

    CRMLS: RS17242023

    $443,000

    Price

  • Nov 22, 2017

    Date

    Active

    CRMLS: RS17242023

    $443,000

    Price

  • Listing provided courtesy of CRMLS

    (2) Units Each is (2) Bedroom (1) Bath. Property located in RENT CONTROL area of Los Angeles. FHA Financing not probable due to expected FHA repair requests. NOTE: Certain county records show this as 3 units, but it really is 2 units. MLS Rules required me to use "3 Units". Seller unwilling to pay tenant relocation costs.

  • January, 1996

  • Jan 17, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 315 W 84th Pl

Assessed Value (2020): $124,993
Year Land Value Improved Value Assessed Value
2020 $60,605 $64,388 $124,993

Home Value Compared to the Market

This property vs the competition

315 W 84th Pl sold on May 21, 2021 for 57.59% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $359.85 per/sqft which puts the price per square foot 50.3% lower than the current median sale per square foot for the city of Los Angeles.

About 315 W 84th Pl

Detailed summary of property

315 W 84th Pl is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,320 living square feet, and sits on an approximately 5,200 square foot lot. 315 W 84th Pl was first listed on ArdentRealEstateGroup.com on February 17, 2021. The homeowner sold the property for $475,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 57.59% lower than the current median priced home. Local homes that are currently for sale include 273 E Kingman St, 1205 E Davidson St and 8029 Sunnyside Ave. While the average home in Los Angeles, CA is selling in 106 days, 315 W 84th Pl has a days on market of 66 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 315 W 84th Pl Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 315 W 84th Pl

Public county record property details
Beds
4
Baths
2
Year built
1937
Sq. Ft.
1,320
Lot Size
5,199
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
6040-003-008

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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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