1548 W 84th Street, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
ACTIVE$895,000
1548 W 84th Street, Los Angeles, California 90047
0Bed
0Bath
1,964Sqft
6,679Lot
Year Built
1930
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
SR25192428
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $895.0K(53th), sqft - 1964(53th), beds - undefined(50th), baths - undefined(50th).
Excellent investment opportunity featuring a 3 unit property totaling 1964 square feet in South Los Angeles. The unit mix includes a 3 bedroom 1 bathroom detached home at the back of the property with a private backyard to be delivered vacant, a 2 bedroom 1 bathroom unit, and a studio. This versatile layout offers strong rental potential, whether for long term tenants or future owner occupancy. A great value add opportunity in a growing area just minutes from Inglewood and SoFi Stadium.
Nearby schools
3/10
La Salle Avenue Elementary School
Public,•K-5•0.4mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.0mi
2/10
George Washington Preparatory High School
Public,•9-12•1.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.8mi
9/10
Middle College High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
08/26/25
Listing
$895,000
05/24/23
Sold
$655,000
10/22/02
Sold
$147,500
Condition Rating
Poor
Built in 1930, this property shows significant age and a clear lack of modern updates. The kitchens feature very outdated wood cabinets, basic white appliances, and older flooring, suggesting renovations (if any) occurred 30-50+ years ago. Bathrooms similarly display old vanities, basic fixtures, and dated tiling. While the property appears structurally sound, the interiors require substantial rehabilitation and modernization to meet current living standards, aligning with the 'value add opportunity' mentioned in the description. It is functional but very uncomfortable and unappealing in its current state.
Pros & Cons
Pros
Income-Generating Triplex: This property is explicitly designed as a residential income asset, featuring three distinct units (3-bed, 2-bed, studio) that provide diversified rental income streams.
Strategic Location: Positioned in a growing South Los Angeles area, its proximity to Inglewood and SoFi Stadium significantly boosts rental demand and long-term appreciation potential.
Value-Add Opportunity: The listing highlights a 'great value add opportunity,' indicating substantial upside for investors willing to undertake renovations and property enhancements.
Flexible Unit Mix: The varied unit configurations (3-bed, 2-bed, studio) cater to a broad tenant demographic, enhancing occupancy rates and rental stability.
Vacant Unit Delivery: The detached 3-bedroom unit will be delivered vacant, offering immediate owner-occupancy or the ability to secure market-rate tenants without existing lease constraints.
Cons
Property Age: Built in 1930, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and the need for significant modernization.
Required Capital Investment: While a 'value add' is a strength, it implies that substantial capital will likely be required for renovations and improvements to realize the property's full income and equity potential.
Modest Unit Sizes: With 1964 total square feet distributed among three units, individual unit sizes are likely modest, which could limit appeal to certain tenant segments or command premium rental rates.