925 W 84th ST, Los Angeles, CA 90044
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Christopher Rubio-Novack

Christopher Rubio-Novack

+1(310) 467-7189
$ 1,505,000
Est. payment | /mo

9 Beds

7 Baths

4,620 SqFt

Save
$ 1,505,000
Est. payment | /mo
Save

9 Beds

7 Baths

4,620 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $325

MLS Listing ID 26107798

Bedrooms 9

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1915

Lot Size 9,151 Sqft

Property Description

Remodeled 7-unit multifamily in South Los Angeles with income today and room to grow (PHOTOS COMING SOON). FOUR UNITS are VACANT (the 3-bedroom house plus three 1-bedrooms), so a new owner can lease up and set market rents on their own timeline with no rehab ahead, while three 1-bedroom units are occupied. TENANTS PAY GAS & ELECTRIC. Renovation includes new kitchens with shaker cabinets and stone counters, vinyl plank flooring, fresh paint, & LED lighting. One 3-bedroom/1-bath house and six 1-bedroom/1-bath units on a large 9,154 sq ft lot with 7 parking spaces and a communal laundry room. Pro-forma gross income is approximately $14,400/month ($172,800/year), a 6.55% pro-forma cap rate and 8.71 GRM. Near The SEED School of LA County, South LA Cafe, new developments, SOFI, Youtube Theatre, Intuit Dome, & The Kia Forum. Convenient access to the 110 and 105 freeways, Metro bus lines, and Metro rail for an easy commute across LA. Ideal for value-add investors, 1031 exchange buyers, first-time multifamily owners, and long-term holders. PER ZIMAS - LAR3 TOC Tier 3 Zoning.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Appliance Refrigerator

Exterior

Parking Features One Space

Community Features Gated

Total Parking Spaces 7

Building

Lot Description Front Yard

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6032009016

Security Features Gated Community

Acceptable Financing Cash, Contract, Private Financing Available

Listing Terms Cash, Contract, Private Financing Available

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Aaron Mejia Christie's International Real Estate SoCal #01896881

Nearby School & Business

Christopher Rubio-Novack

+1(310) 467-7189

rubio.realestate@gmail.com

2603 Camino Ramon Suite 200, San Ramon, CA 94583

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