1019 E 84th Place, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath
ACTIVE$1,649,000
1019 E 84th Place, Los Angeles, California 90001
0Bed
0Bath
4,970Sqft
5,743Lot
Year Built
2022
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$332
HOA
-
Days on market
-
Sold On
-
MLS number
PW25237886
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.65M(93th), sqft - 4970(93th), beds - undefined(50th), baths - undefined(50th).
NON RENT CONTROLLED triplex. This property is made up of two huge 5bed/3.5 bath units & one 3 bed/2.5 bath unit. With ALL UNITS rented now,
Nearby schools
5/10
Russell Elementary School
Public,•K-6•0.3mi
3/10
Mckinley Avenue Elementary School
Public,•K-6•0.5mi
3/10
South Park Elementary School
Public,•K-6•0.6mi
5/10
Wisdom Elementary School
Public,•K-6•0.8mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.1mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.1mi
4/10
Sixty-Sixth Street Elementary School
Public,•K-6•1.4mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.9mi
3/10
Sixty-First Street Elementary School
Public,•K-6•2.1mi
1/10
Charles Drew Middle School
Public,•6-8•0.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.3mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.4mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•0.9mi
Price History
Date
Event
Price
10/11/25
Listing
$1,649,000
03/21/24
Sold
$1,600,000
07/27/21
Sold
$475,000
Condition Rating
Excellent
This property was built in 2022, making it a brand new construction. The images confirm a modern aesthetic with new wood-look tile flooring, fresh paint, contemporary light fixtures, and a pristine bathroom featuring a new vanity, fixtures, and glass-enclosed shower. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
New Construction: Built in 2022, this property offers modern infrastructure, reduced immediate maintenance costs, and adherence to current building codes.
Non-Rent Controlled: Exempt from Los Angeles rent control ordinances, providing significant flexibility in rental rate adjustments and tenant management, a major advantage in the LA market.
Immediate Income Generation: All units are currently rented, ensuring immediate cash flow and a proven track record of occupancy for investors.
Spacious Multi-Unit Layout: Comprises two large 5-bedroom/3.5-bathroom units and one 3-bedroom/2.5-bathroom unit, maximizing rental income potential and tenant appeal for larger households.
Dedicated Income Property: A purpose-built triplex designed specifically for investment, offering a clear path to passive income and portfolio diversification.
Cons
Sub-Optimal School Ratings: The surrounding area includes several schools with lower performance ratings, which may deter families prioritizing top-tier education.
Neighborhood Perception: Located in the 90001 zip code (Metropolitan South LA), which may be perceived by some as a less desirable area, potentially impacting long-term appreciation or tenant demographics.
High Investment Threshold: The list price of $1.649 million represents a substantial investment, which could limit the pool of potential buyers and requires a robust financial analysis to justify the return.