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925 W 84th St
Los Angeles, CA 90044
Multifamily Property For Sale
·
7 Units
Investment Highlights
- 7-Unit Apartment on a Large 9,066-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles
- 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*
- Tremendous Value-Add Opportunity | Approximately 30% in Rental Upside | Offered at $171,429 Per Unit & $260 Per SF
- 6.76% Current Cap Rate & 9.78 Current GRM | 9.74% Pro-Forma Cap Rate & 7.52 Pro-Forma GRM
- Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena)
- TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit
Property Facts
| No. Units | 7 | Building Size | 4,620 SF |
| Property Type | Multifamily | Average Occupancy | 71% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1915 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | LAR3 - LAR3 - TOC Tier 3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,620 SF |
| Average Occupancy | 71% |
| No. Stories | 2 |
| Year Built | 1915 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | LAR3 - LAR3 - TOC Tier 3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $2,280 | - |
| 1+1 | 6 | $1,325 | - |
Property Taxes
| Parcel Number | 6032-009-016 | Improvements Assessment | $329,967 |
| Land Assessment | $796,478 | Total Assessment | $1,126,445 |
Property Taxes
Parcel Number
6032-009-016
Land Assessment
$796,478
Improvements Assessment
$329,967
Total Assessment
$1,126,445
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