1141 East 84th Place

Los Angeles, CA 90001

$700,000
Price
4
Beds
2
Baths
1,706 Sq. Ft.
$410 / Sq. Ft.
1,706
Sq. Ft.
$410
per Sq. Ft.

Description

Lovely investment opportunity duplex just minutes from Downtown LA. This property offers 2 units, 1 that was built in 2018 and 1 that has been updated. Each unit has 2 bedrooms 1 bath. The driveway is long and it sits 4 cars plus there is a covered carport with access from the alley with space for an additional 2 cars. Perfect for savvy investor and first time buyer. Low maintenance. Excellent location near schools, shops, transportation and freeways. Laminate, tile flooring, plenty of cabinets in...Lovely investment opportunity duplex just minutes from Downtown LA. This property offers 2 units, 1 that was built in 2018 and 1 that has been updated. Each unit has 2 bedrooms 1 bath. The driveway is long and it sits 4 cars plus there is a covered carport with access from the alley with space for an additional 2 cars. Perfect for savvy investor and first time buyer. Low maintenance. Excellent location near schools, shops, transportation and freeways. Laminate, tile flooring, plenty of cabinets in kitchen and granite counter tops. Vanity cabinets in bathrooms, The property is fully fenced. No rent control. Tenants are month to month.
  1. Listed by Allan Maldonado • DRE #01931824 • Brokerage DRE #01919385 • Phoenix RE Consulting

Property Details for 1141 East 84th Place

Water Front
None
Zoning
LCR3*
Style
Traditional
Cross Streets
Central Ave
Parcel Number
6028023024
Total Units
2.0
Living Area
1706
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Phoenix RE Consulting, Allan Maldonado, DRE #01931824
Add your commute
LISTING UPDATED: 04/08/2024 09:51 AM

Property Details for 1141 East 84th Place

StatusActive
MLS #24-366897
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.11 AC / 4,778 SF
CountyLos Angeles County

Location

Listing Courtesy of Phoenix RE Consulting, Allan Maldonado, DRE #01931824
Add your commute

Building Information for 1141 East 84th Place

Stories1Residences-Year Built1925Building Size-Lot Size0.11 AC / 4,778 SF

Payment Calculator

$4,508 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1141 East 84th Place

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Gated
  • Direction Faces: South
  • Water: District
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Conventional, Cash, Cash To Existing Loan, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $36,600
  • Net Operating Income: $36,600.00
  • Gross Income: $3,050
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $19.12
  • Actual Annual Gross Rent: $36,600.00
  • Actual Gross Annual Income: $36,600
  • Actual Rent Total: $36,600.00
  • Total Annual Expense: 900
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1097
  • Lot Size Square Feet: 4778
  • Lot Size Dimensions: 40x127
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced, Fenced Yard
  • Lot Location: Alley Access, City
Parking Details
Parking Details
  • Parking Garage: Carport, Driveway, Covered Parking, Garage - 4+ Car
  • Total Parking: 6
  • Covered Parking: 2
  • Open Other Spaces Total: 4
  • Carport Spaces Total: 2
  • Parking Features: Carport, Driveway, Covered
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating Type: Wall Gas
  • Flooring: Laminate, Ceramic Tile
  • Equipment: Hood Fan, Garbage Disposal
  • Interior Features: Recessed Lighting, Mirrored Closet Door(s)
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Granite Counters
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structural Features: Slab, Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-10-2024
  • Listing Terms: Cash To Existing Loan, Cash To New Loan, Conventional, Cash
  • Rent Control: No
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,350.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $341,632.00
  • Assessed Improvement Percent: 56.52
  • Assessed Land Value: $262,793.00
  • Assessed Land Percent: 43.48
  • Assessed Total Value: $604,425.00

Property History for 1141 East 84th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1141 East 84th Place

Taxable ValueLand$262,793Additions$341,632Total$604,425
Tax Record2023$8,260 ($688 / month)
Home Facts
Total Finished SqFt1,706 SqFtAbove Grade Finished SqFt1,706 SqFtStories1Lot Size4,778 SqFtStyleDuplexYear Built1925ZoningLCR3*CountyLOS ANGELESAPN6028-023-024

Schools near 1141 East 84th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Russell Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1141 East 84th Place is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on March 10, 2024 by Phoenix RE Consulting, it's currently listed at $700,000. It has been on the market for a total of 48 days and was last sold on March 6, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Russell Elementary School, Charles Drew Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 1141 East 84th Place is a 4-bed, 2-bath, 1,706 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Phoenix RE Consulting, Allan Maldonado, DRE #01931824

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.