614 W 84th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$1,975,000
614 W 84th Street, Los Angeles, California 90044
0Bed
0Bath
3,952Sqft
6,510Lot
Year Built
1946
Close
-
List price
$1.98M
Original List price
$1.85M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
PW25177856
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.98M(97th), sqft - 3952(91th), beds - undefined(50th), baths - undefined(50th).
5-unit property delivering a 5.4% cap rate in a high-demand rental market. The offering includes a fully remodeled duplex and detached single-family residence, each with 2 beds and 1 bath, plus two brand-new 2 bed, 1.5 bath ADUs constructed with modern finishes and new systems. All units are and individually metered for gas and electricity. This turnkey investment is low maintenance, professionally managed, and well located near SoFi Stadium, USC, and Downtown LA, offering excellent rental demand and long-term upside potential.
Nearby schools
4/10
Manchester Avenue Elementary School
Public,•1-6•0.2mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.3mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•0.8mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.0mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.0mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•1.1mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.1mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.3mi
3/10
Loren Miller Elementary School
Public,•K-6•1.5mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.7mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.3mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.0mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.6mi
2/10
George Washington Preparatory High School
Public,•9-12•2.0mi
9/10
Middle College High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
11/20/25
Price Change
$1,975,000+12.9%
10/11/25
Price Change
$1,749,900-3.3%
10/07/25
Price Change
$1,809,999-0.0%
09/18/25
Price Change
$1,810,000-2.2%
08/07/25
Listing
$1,850,000
12/03/21
Sold
$632,000
Condition Rating
Excellent
Despite the original build year of 1946, the property description explicitly states it includes a 'fully remodeled duplex and detached single-family residence' and 'two brand-new 2 bed, 1.5 bath ADUs constructed with modern finishes and new systems.' This indicates extensive, recent renovations (within the last 5 years for the remodeled units and brand new for the ADUs), bringing all components to current quality standards. The exterior image also shows a freshly painted and well-maintained facade with modern windows and low-maintenance artificial turf, supporting a virtually new condition.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
High-Yield Investment: The property is a 5-unit investment delivering a strong 5.4% cap rate in a high-demand rental market, indicating solid financial performance potential.
Modernized & Diverse Unit Mix: Includes a fully remodeled duplex, a detached single-family residence, and two brand-new ADUs with modern finishes and new systems, offering a diverse and attractive rental portfolio.
Individual Metering: All units are individually metered for gas and electricity, significantly reducing landlord operating expenses and administrative burden.
Prime Location & Rental Demand: Strategically located near major attractions like SoFi Stadium, USC, and Downtown LA, ensuring excellent rental demand and long-term appreciation potential.
Turnkey & Low Maintenance: Described as a turnkey investment that is low maintenance and professionally managed, appealing to investors seeking a hassle-free operation.
Cons
Age of Original Structures: While ADUs are new and some units remodeled, the original structures date back to 1946, which may imply potential for unseen maintenance issues or older infrastructure in non-renovated areas.
Recent Significant Price Increase: The listing price has recently seen a substantial increase from $1.7499M to $1.975M, which could suggest an aggressive pricing strategy or raise questions about its current market competitiveness.
Lower-Rated Local Schools: Several nearby public schools have lower ratings (2-4), which might be a consideration for certain tenant demographics or impact long-term desirability for families.