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212 W 84th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

212 W 84th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$994,900
212 W 84th Street, Los Angeles, California 90003
0Bed
0Bath
3,952Sqft
5,400Lot
Year Built
1964
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$252
HOA
-
Days on market
-
Sold On
-
MLS number
MB25158536
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $994.9K(89th), sqft - 3952(95th), beds - undefined(50th), baths - undefined(50th).

** THIS IS THE ONE: 2 UNITS ARE VACANT - YES 2 VACANT UNITS**: Calling All Next Gen/Extended Owner-Occupied Buyers: Live in 1 or 2 and rent the other Units to offset the mortgage payment - Great Opportunity, Great Location! Great property! With these units you will have the opportunity to purchase an established 4- unit property with a mix of (1)-3bdr 2 bath, (2)-2bdr 1 bath, (1)-1bdr 1bath Unit - total square footage of 3,952 on a 5,400-square foot lot, zoned LAR3. This is a solid long term sustainable real estate investment just under $251.00 per square foot. Everywhere you turn there is growth neighboring this property. All units are individually metered for gas and electric, assigned parking on the premises. There is a separate laundry room on the property. We welcome your 1031 exchange here-do not miss out on this one of kind property. Commuters enjoy the close proximity to LAX, SoFi Stadium Hub, easy access to 110, 105 & the 10 Freeway, museums, concerts and matches at Crypto Arena & BMO Stadium are a breeze with connections to the Metro Line for quick and easy transportation. Book your tour today!

Price History

Date
Event
Price
07/15/25
Listing
$994,900
Condition Rating
Poor
Built in 1964, this 60-year-old quadruplex shows significant age and wear on its exterior, including cracked concrete and a dated facade. No interior images are provided, which strongly suggests that the kitchens, bathrooms, and other interior components are original or very outdated. For a property of this age without any visible or mentioned renovations, it is highly probable that major systems and finishes require substantial repairs and rehabilitation to meet current standards and tenant expectations.
Pros & Cons

Pros

Significant Income Potential & Vacancy: With two vacant units, the property offers immediate income generation potential or flexibility for owner-occupancy, allowing buyers to offset mortgage payments from day one.
Strategic & Growing Location: The property boasts excellent proximity to major employment hubs (LAX, SoFi Stadium), entertainment venues (Crypto Arena, BMO Stadium), and convenient access to multiple freeways (110, 105, 10) and the Metro Line, enhancing tenant appeal and long-term value.
Diverse Unit Configuration: The mix of (1) 3-bedroom, (2) 2-bedroom, and (1) 1-bedroom units caters to a broad range of tenant needs, optimizing rental income potential and reducing vacancy risk.
Strong Investment Fundamentals: Priced attractively at under $251 per square foot for a 4-unit property in an area described as experiencing significant growth, indicating solid potential for long-term appreciation and a sustainable real estate investment.
Operational Efficiency & Tenant Convenience: Individually metered units for gas and electric, assigned on-site parking, and a separate laundry room reduce landlord utility expenses and provide valuable amenities for tenants.

Cons

Age of Construction: Built in 1964, the property is over 60 years old, which may necessitate significant capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) and general modernization to remain competitive and minimize future maintenance issues.
Unspecified Unit Condition: While two units are vacant, the description provides no details on their current state or recent renovations, implying potential for immediate and substantial renovation costs to attract quality tenants and maximize rental income.
Lack of Premium Features: The property offers a standard 'Neighborhood' view and does not highlight any luxury amenities or modern finishes, which could limit its appeal to a broader tenant pool seeking contemporary living spaces and potentially cap rental income growth.

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