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Brand-New Affordable Housing Investment 833 W 84th St 21 Apartment Units Online Auction Sale Los Angeles, CA 90044
Matterport 3D Tours
Investment Highlights
- Newly Constructed 21-Unit Community – Brand-new three-story affordable housing development in the rapidly growing South Los Angeles market.
- High Barrier-to-Entry Market – Limited land, rising construction costs, and lengthy approvals restrict new multifamily supply in Los Angeles.
- Long-Term Investment Potential – Positioned in a high-demand affordable housing market with strong occupancy fundamentals and appreciation potential.
- Strong Affordable Housing Demand – Located in an undersupplied Los Angeles market with sustained demand for income-restricted housing.
- Immediate Income Opportunity – Certificate of Occupancy prior to closing, allowing investors to acquire a stabilized, income-producing asset.
- Potential to build up to 8 ADUs (buyer to investigate). Excellent value-add and development potential.
Executive Summary
Positioned in the rapidly evolving South Los Angeles market, this newly constructed 21-unit affordable housing community presents an outstanding opportunity to acquire a high-quality, income-producing asset upon completion, located at 833 W 84th Street. With the Certificate of Occupancy prior to closing, investors can secure a modern multifamily property designed for long-term performance and stable cash flow.
The three-story development offers a diverse unit mix of one-, two-, and three-bedroom apartments, providing housing options for a broad range of residents. Built to current affordable housing standards, the property combines contemporary construction with functional floor plans that are well-suited to today's rental demand.
Residents at 833 W 84th Street will enjoy secure bicycle storage, creating an attractive living environment while promoting a transit-oriented lifestyle. Additionally, based on preliminary architectural analysis, there may be potential to develop additional ADUs at the rear of the property, subject to buyer investigation, verification, and all required governmental approvals.
Located in one of Los Angeles' strongest affordable housing markets, 833 W 84th Street provides a turnkey investment that is well-positioned to benefit from sustained tenant demand and long-term operational stability.
Property tours are by appointment only. Please contact the listing broker to schedule.
The three-story development offers a diverse unit mix of one-, two-, and three-bedroom apartments, providing housing options for a broad range of residents. Built to current affordable housing standards, the property combines contemporary construction with functional floor plans that are well-suited to today's rental demand.
Residents at 833 W 84th Street will enjoy secure bicycle storage, creating an attractive living environment while promoting a transit-oriented lifestyle. Additionally, based on preliminary architectural analysis, there may be potential to develop additional ADUs at the rear of the property, subject to buyer investigation, verification, and all required governmental approvals.
Located in one of Los Angeles' strongest affordable housing markets, 833 W 84th Street provides a turnkey investment that is well-positioned to benefit from sustained tenant demand and long-term operational stability.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tours
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Photos
Street View
Street
Map
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Survey
- Title and Insurance
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | Building Class | B |
| Sale Condition | Auction Sale | Lot Size | 0.21 AC |
| Type of Ownership | Fee Simple | Construction Status | Under Construction |
| No. Units | 21 | Building Size | 21,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Low-Rise | Parcel Number | 6032-010-024 |
| Zoning | LAR3 | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Construction Status | Under Construction |
| Building Size | 21,000 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | LAR3 |
| Parcel Number | 6032-010-024 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Oven
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Sale Advisors
Sale Advisors
Daniel Withers, Executive Vice President
Daniel Withers brings over 20 years of exceptional expertise in commercial real estate to his distinguished role as Senior Vice President and Senior Director of Multifamily at Matthews™. His unwavering commitment to excellence and profound understanding of the dynamic greater Los Angeles real estate market, with a significant focus on the thriving San Fernando Valley, has solidified his reputation as a trusted industry leader.
What sets Daniel apart is not only his extensive knowledge but also his hands-on and client-centric approach to each transaction. He takes pride in going the extra mile to ensure that his clients’ objectives are not just met, but exceeded, consistently delivering outstanding results.
Before joining Matthews™, Daniel held the pivotal position of Director of Multifamily at Berkadia, where he spearheaded multifamily investment sales and provided invaluable advisory services within the expansive Los Angeles County market. His contributions were instrumental in shaping the multifamily landscape in this region. Prior to his tenure at Berkadia, Daniel served as Vice President at Marcus & Millichap, where he honed his skills and established a track record of excellence.
Throughout his illustrious career, Daniel has been instrumental in facilitating deals totaling well over $1.5B, encompassing a diverse portfolio of existing multifamily investments and groundbreaking ground-up development sites. His dedication, expertise, and unwavering commitment to his clients make him a true luminary in the world of commercial real estate, and his future endeavors promise to bring even greater accomplishments to the industry.
What sets Daniel apart is not only his extensive knowledge but also his hands-on and client-centric approach to each transaction. He takes pride in going the extra mile to ensure that his clients’ objectives are not just met, but exceeded, consistently delivering outstanding results.
Before joining Matthews™, Daniel held the pivotal position of Director of Multifamily at Berkadia, where he spearheaded multifamily investment sales and provided invaluable advisory services within the expansive Los Angeles County market. His contributions were instrumental in shaping the multifamily landscape in this region. Prior to his tenure at Berkadia, Daniel served as Vice President at Marcus & Millichap, where he honed his skills and established a track record of excellence.
Throughout his illustrious career, Daniel has been instrumental in facilitating deals totaling well over $1.5B, encompassing a diverse portfolio of existing multifamily investments and groundbreaking ground-up development sites. His dedication, expertise, and unwavering commitment to his clients make him a true luminary in the world of commercial real estate, and his future endeavors promise to bring even greater accomplishments to the industry.
Robert Anderson, Vice President
Robert Anderson serves as Vice President of Auction Services for Matthews Real Estate Investment Services™ and brings almost 20 years of experience in the commercial real estate space. The experience that Robert brings to Matthews™ is unlike any brokerage firm and aids to accelerate the specialization and disposition of property sales through auction. Leading the auction services line, Robert will collaborate with Matthews™ agents and clients to identify auction opportunities within our active inventory and client roster. He works as an intermediary between clients and auction platforms. Regarded as one of the industry’s top Auction experts, Robert has been actively involved with over $5 billion in total asset value, including the record-setting sale of Beltway Business Park for $205 million in November of 2021. Robert’s unrelenting work ethic and intuition help him make the most informed decisions that provide the greatest long-term financial success and profitability for clients.
Prior to joining Matthews™, Robert was a Vice President of Transaction Services where he grew revenue from $3 million in 2020 to $20 million and tripled the auction asset count. Robert also worked for Ten-X as a member of the team selling over $30 billion of commercial and residential properties and notes (performing and non-performing). From 2014-2018, Robert generated an averaged $1.5 million in revenue per year.
Prior to joining Matthews™, Robert was a Vice President of Transaction Services where he grew revenue from $3 million in 2020 to $20 million and tripled the auction asset count. Robert also worked for Ten-X as a member of the team selling over $30 billion of commercial and residential properties and notes (performing and non-performing). From 2014-2018, Robert generated an averaged $1.5 million in revenue per year.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Jameson Kuykendall
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Brand-New Affordable Housing Investment | 833 W 84th St
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