754 E 84th Place, Los Angeles, CA 90001

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754 E 84th Place

$1,089,000

Overview

Property ID: HZPW26117743

Quadruplex
Property Type

0
Garage

1965
Year Built

Description

Welcome to 754 E 84th Pl. This four-unit plus ADU apartment building offers exceptional value and opportunity for investors and owner-users alike.

Five spacious legal units across 4,211 sq ft of livable space: Unit 1 is a tenant-occupied 3 bed 2 bath. Unit 2 is a vacant remodeled 2 bed 1 bath. Unit 3 is a tenant-occupied 2 bed 1 bath. Unit 4 is a vacant remodeled 1 bed 1 bath. Unit 5 is a brand-new fully permitted ADU with 2 bed 1 bath. Units 1 and 3 are rented to long-term tenants. Units 2, 4, and 5 are vacant and move-in ready. The property is pre-approved for conventional financing as a four-unit (plus ADU). A commercial loan is not necessary. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. This property is ideal for investors seeking an outstanding 10% CAP rate, or owner-users to live in one or more vacant units.