925 W 84th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property 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
Lot Size 9,064 Sqft
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 C36 - Metropolitan Southwest
Zoning LAR3
Exterior
Parking Features Assigned
Building
Story 2
New Construction No
Others
Special Listing Condition Standard