925 W 84th St new

Los Angeles,CA 90044

$ 1200000

9 Beds

7 Baths

4620 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $259

MLS Listing ID 25538327

Bedrooms 9

Year Built 1915

Annual Tax Amount $15,000

Lot Size 9,066 Sqft

Acres 0.2101

Property Sub-Type Multi-Family

Property Description

7-Unit Apartment on a Large 9,066-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 6.74% Current Cap Rate & 9.78 Current GRM | 9.72% Pro-Forma Cap Rate & 7.52 Pro-Forma GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Six) 1-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Tremendous Value-Add Opportunity - Approximately 30% in Rental Upside | Offered at $171,429 Per Unit & $260 Per SF | Total of 7 Parking Spaces

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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