Modern Income Property in Los
For Sale
$1,995,000
234 E 84th St, Los Angeles, CA 90003
2022-built triplex with high-quality finishes and strong cash flow.
Days on Market113
Property Features for 234 E 84th St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
2022
Listing Agency:
(562) 444-8940
Listed By:
Michelle Yoon
Source:
Elliman
Added: Apr 10
Changed: Jul 10
Last Checked: Jul 30 at 6:42AM
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 Michelle Yoon
Investment Insights
Based on property information with market context.
The property at 234 E. 84th St is a modern income property constructed in 2022. It features three units: a front unit with two stories, six bedrooms, and three bathrooms, and two rear units, each with three stories, five bedrooms, and four bathrooms. The property showcases stylish architecture and includes fully paid solar panels and separate utility meters. Ample parking is available with four covered spaces and two uncovered spaces. The units feature spacious bedrooms and bathrooms, high-quality finishes, and low operating expenses. The property is located in a growing area of South Los Angeles. The bike score is 56, indicating it is bikeable. The walk score is 62, indicating it is somewhat walkable. The transit score is 57, indicating good transit is available. The property delivers a CAP rate of approximately 7% based on current income and minimal owner expenses, offering strong cash flow potential. City-submitted plans are available upon request.
Key Highlights
- Modern income property built in 2022 with three units
- Strong cash flow potential with an approximate 7% CAP rate
- Fully paid solar panels and separate utility meters for low operating expenses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - 2022-built triplex with high-quality finishes and strong cash flow.
Where is this triplex located?
The property is located at 234 E 84th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Modern income property built in 2022 with three units; Strong cash flow potential with an approximate 7% CAP rate; Fully paid solar panels and separate utility meters for low operating expenses
