Four-Unit Residential
1057 W 84th, Los Angeles, CA 90044
For Sale
New
$1,600,000
Two separate structures provide a mix of three- and two-bedroom residences, with one three-bedroom unit vacant.
Property Size3,738 SF
Lot Size0.12 Acres
Price / SF$428.04
Days on Market5
Property Features for 1057 W 84th
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Real Broker
Listed By:
Christine Kfoury · License CA #02091458
(714) 603-5823
Source:
Archetyperealty
Added: Nov 10
Changed: Nov 13
Last Checked: Nov 12 at 4:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
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Investment Insights
Based on property information with market context.
This residential income property comprises approximately 3,738 square feet of living space on a 5,248-square-foot lot. Four reported units are arranged across two structures: the front building has a three-bedroom, two-bath residence with an updated kitchen, while the rear building contains one three-bedroom unit and two two-bedroom units. One three-bedroom residence is vacant. Three covered garages serve the property.
Built in 1936, the property has a replaced roof, newer windows, fresh interior paint, and bathrooms updated in recent years. It occupies a corner lot in Los Angeles, with major freeways, public transportation, schools, shopping, and dining listed among the nearby amenities.
Built in 1936, the property has a replaced roof, newer windows, fresh interior paint, and bathrooms updated in recent years. It occupies a corner lot in Los Angeles, with major freeways, public transportation, schools, shopping, and dining listed among the nearby amenities.
Key Highlights
- Four reported residential units across two structures
- Approximately 3,738 square feet of living space on a 5,248‑square‑foot lot
- Unit mix includes two 3‑bedroom residences and two 2‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,279
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,580
$1.3M
Cap Rate 7%
$932,557
$932.6K
Cap Rate 9%
$725,322
$725.3K
Market Conditions
NOI Build-Up for 3,738 SF
Gross rent
$100.9K $27.00/SF
− Vacancy
−$7.7K −$2.05/SF
EGI
$93.3K $24.95/SF
− OpEx
−$28.0K −$7.48/SF
NOI
$65.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,580
Cap Rate 7%
$932,557
Cap Rate 9%
$725,322
Alternative Uses
Best Use
Multifamily LT 5
$932.6K
$816.0K – $1.09M
NOI $65,279 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$859.2K
$751.8K – $1.00M
NOI $60,147 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,609 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,150
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two separate structures provide a mix of three- and two-bedroom residences, with one three-bedroom unit vacant.
Where is this quadplex located?
The property is located at 1057 W 84th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four reported residential units across two structures; Approximately 3,738 square feet of living space on a 5,248‑square‑foot lot; Unit mix includes two 3‑bedroom residences and two 2‑bedroom residences
