925 W 84th
Property Overview
7-Unit Multifamily Investment Opportunity | Large Lot | Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Six) 1-Bedroom/1-Bathroom Units | 4 of 7 Units Currently VACANT, Offering Significant Lease-Up & Value-Add Potential | Approximately $14,400/Month & $172,800/Year in Pro-Forma Gross Rental Income | 6.60% Pro-Forma Cap Rate | 8.82 Pro-Forma GRM | Approximately $217,857 Per Unit | 3 Units Currently Occupied & 4 Units Vacant | Significant Opportunity to Renovate, Lease Up & Stabilize the Property | Located in an Area Experiencing Continued Investment and New Development, Including The SEED School of Los Angeles County, South LA Cafe and Other Nearby Projects | Convenient Access to Major Transportation, Employment Centers, Schools, Retail & Amenities | Attractive Value-Add Opportunity for Investors Seeking Rental Upside and Long-Term Potential!
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1915
- Lot size
- 9,154 sq ft
- Stories
- 2
- Days on market
- 2
- MLS status
- Active
Features & Amenities
Parking
- Asphalt
- Driveway Level
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 925 W 84th
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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