821 W 84th St Los Angeles, CA 90044

Building Details

Year Built

1941

Listing Agency Lee & Associates | Investment Services Group m***@lee-associates.com Show Phone

Listed by Matthew Sullivan · License #00848427

Source Lee-associates

Added: Mar 4 Checked: Jul 17 at 6:28 am

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Investment Insights

Based on property information with market context.

The multifamily property at 821 West 84th Street, located in South Los Angeles, encompasses approximately 2,992 square feet. Constructed in 1941, the property consists of ten apartments, each featuring one bedroom and one bathroom. These units are situated on a parcel of land measuring approximately 9,066 square feet. The property comprises two separate, freestanding one-story buildings and includes private parking. The South Los Angeles submarket, known for its appeal to a low-income demographic, offers convenient access to major economic hubs such as downtown Los Angeles and industrial centers like Vernon and Commerce. Transportation options are readily available, with bus lines and the Harbor (110) Freeway located nearby. The area is attractive to investors due to the strong demand for rental housing. The property presents a value-add opportunity and potential for constructing Accessory Dwelling Units (ADUs). It is located close to the 110 Freeway and Metro bus lines, and within 10 miles of downtown Los Angeles. The property is also a two-minute walk to the Metro J Line to DTLA.

Key Highlights

• High demand rental location in South Los Angeles.
• Ten single/1 bath units.
• Close proximity to the 110 Freeway and Metro bus lines.

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FAQs

What type of property is this?

Apartment building - Multifamily property with ten units in a high-demand rental location.

Where is this apartment building located?

The property is located at 821 W 84th St Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: High demand rental location in South Los Angeles.; Ten single/1 bath units.; Close proximity to the 110 Freeway and Metro bus lines.