315 West 84th Place

Los Angeles, CA 90003

$475,000
Last Sold Price
2
Beds
2
Baths
1,320 Sq. Ft.
$360 / Sq. Ft.
1,320
Sq. Ft.
$360
per Sq. Ft.

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
...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.
  1. Listed by Alex Colombo • DRE #01927702 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est

Property Details for 315 West 84th Place

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1320
Assessor Parcel Number
6040-003-008
Property Attached YN
false

Location

Listing Courtesy of Lyon Stahl Investment Real Est, Alex Colombo, DRE #01927702

Sold By Keller Williams Pacific Estate, Sandra Zaca, DRE #02070181

Add your commute
LISTING UPDATED: 05/21/2021 02:05 PM

Property Details for 315 West 84th Place

StatusClosed
MLS #PW21032517
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.12 AC / 5,200 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Est, Alex Colombo, DRE #01927702

Sold By Keller Williams Pacific Estate, Sandra Zaca, DRE #02070181

Add your commute

Building Information for 315 West 84th Place

Stories-Residences-Year Built1937Building Size-Lot Size0.12 AC / 5,200 SF

Payment Calculator

$3,114 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$522

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 315 West 84th Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $25,440
  • Gross Scheduled Income: $25,440
  • Net Operating Income: $13,126
Expense Details
  • Operating Expense: $11,551
  • New Taxes Expense: $6,157
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $528
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Total Expenses: $11,551
Tax / Assessment Info
  • Tax Tract Number: 2
  • Tax Census Tract: 2397.02
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,060
  • Unit Type Total Rent: $2,120
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 315 West 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 315 West 84th Place

Taxable ValueLand$364,140Additions$130,050Total$494,190
Tax Record2023$6,258 ($522 / month)
Home Facts
Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtLot Size5,200 SqFtStyleDuplexYear Built1937ZoningLARD1.5CountyLOS ANGELESAPN6040-003-008

Schools near 315 West 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
Charter - K to 4
Rating
School
Distance
Dr. Owen Lloyd Knox Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

KIPP Empower Academy
CharterK to 4

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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Similar Sold Homes

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Listing Courtesy of Lyon Stahl Investment Real Est, Alex Colombo, DRE #01927702

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.