Laundry-Equipped
1510 W 84th, Los Angeles, CA 90047
For Sale
$630,000
Pending
Three occupied residences have separate utility meters and individual laundry facilities.
Property Size2,528 SF
Days on Market50
Property Features for 1510 W 84th
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
private laundry
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Compass
Listed By:
Aaron Mills · License CA #01294828
(714) 270-2424
Source:
Elliman
Added: Sep 26
Changed: Nov 10
Last Checked: Nov 12 at 9:10AM
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 Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1930, this triplex contains three single-level residences, each with two bedrooms and one bathroom. All units are occupied, and each has its own laundry facilities and separate utility meter. Tenants pay their own utility costs. On-site parking and a long driveway serve the property at 1510 W 84th in Los Angeles.
The property has a Walk Score of 64, a Bike Score of 54, and a Transit Score of 55. Existing tenancies are in place.
The property has a Walk Score of 64, a Bike Score of 54, and a Transit Score of 55. Existing tenancies are in place.
Key Highlights
- Three residences, each with 2 bedrooms and 1 bathroom
- All three units are occupied
- Individual laundry facilities and separate utility meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,148
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,960
$883.0K
Cap Rate 7%
$630,686
$630.7K
Cap Rate 9%
$490,533
$490.5K
Market Conditions
NOI Build-Up for 2,528 SF
Gross rent
$68.3K $27.00/SF
− Vacancy
−$5.2K −$2.05/SF
EGI
$63.1K $24.95/SF
− OpEx
−$18.9K −$7.48/SF
NOI
$44.1K $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%
$882,960
Cap Rate 7%
$630,686
Cap Rate 9%
$490,533
Alternative Uses
Best Use
Multifamily LT 5
$630.7K
$551.9K – $735.8K
NOI $44,148 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$581.1K
$508.5K – $678.0K
NOI $40,678 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$1.06M
$923.5K – $1.23M
NOI $73,883 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Los Angeles, CA
Properties on Market for Triplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences have separate utility meters and individual laundry facilities.
Where is this triplex located?
The property is located at 1510 W 84th Los Angeles, CA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Three residences, each with 2 bedrooms and 1 bathroom; All three units are occupied; Individual laundry facilities and separate utility meters for each residence
