Sold: May 21, 2021
Address
315 W 84th Place Los Angeles, CA
Price
$ 475,000
Property Attributes
  • MLS#PW21032517
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90003
  • Style
  • Price$ 475,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size5,200 SqFt
Listing Provided Courtesy Of:
Alex Colombo with Lyon Stahl Investment Real Est.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

We are pleased to present 315 W 84th Pl, Los Angeles, CA 90003. Built in 1937, this 2-unit property totals 1,320 rentable SF on a 5,199 SF lot. Comprised of 2 buildings, each with a single two-bedroom one-bathroom unit mix, both units are separately metered for gas and electricity. Additionally, the property offers 6 parking spaces. The property is located in the Florence neighborhood, part of the South Los Angeles area, and is within walking distance to grocery stores, restaurants and shops; easy access to I-105; adjacent to Fremont High School & 75th St Elementary School; about 14-minutes away from Downtown Los Angeles; 3.6 miles from the New SoFi Stadium; a few exits from USC; and a mere 12-minute drive without traffic to LAX. Both units are currently rented. Tenants are up to date with their rents, and all rents were paid in full and on-time each month YTD. Moreover, because 315 W 84th Pl is zoned C2-1VL-CPIO* (per ZIMAS – Buyer Shall Verify // LARD 1.5* per title), an investor may be capable of capitalizing from a highest and best potential utilization of this asset.

Price History
2/17/2021 Listed $495,000
4/10/2021 5% - $475,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90003

Price
AVG $910K
$480K

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