1548 W 84th Street, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
ACTIVE$895,000
1548 W 84th Street, Los Angeles, California 90047
0Bed
0Bath
1,964Sqft
6,679Lot
Year Built
1930
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
SR25146296
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $895.0K(53th), sqft - 1964(53th), beds - undefined(50th), baths - undefined(50th).
Excellent investment opportunity featuring a 3 unit property totaling 1964 square feet in South Los Angeles. The unit mix includes a 3 bedroom 1 bathroom detached home at the back of the property with a private backyard to be delivered vacant, a 2 bedroom 1 bathroom unit, and a studio. This versatile layout offers strong rental potential, whether for long term tenants or future owner occupancy. A great value add opportunity in a growing area just minutes from Inglewood and SoFi Stadium.
Nearby schools
3/10
La Salle Avenue Elementary School
Public,•K-5•0.4mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.0mi
2/10
George Washington Preparatory High School
Public,•9-12•1.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.8mi
9/10
Middle College High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
08/26/25
Price Change
$895,000+9.3%
08/15/25
Price Change
$819,000
06/30/25
Listing
$895,000
05/24/23
Sold
$655,000
10/22/02
Sold
$147,500
Condition Rating
Fair
Built in 1930, this property is significantly aged. The listing describes it as a 'value add opportunity,' which indicates that while the property is functional and has rental potential, it requires substantial updates and renovations, particularly in the kitchens and bathrooms, to meet current standards and maximize its value. The exterior appears maintained but not recently updated. Without interior photos, it's assumed that major components are functional but outdated, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Multi-Unit Income Property: This property is a triplex, offering three distinct units (3-bed, 2-bed, studio) which provides diversified income streams and strong investment potential.
Strategic Location: Situated in South Los Angeles, just minutes from Inglewood and SoFi Stadium, indicating a growing area with high rental demand and potential for future appreciation.
Vacant Unit for Immediate Use: The detached 3-bedroom unit will be delivered vacant, allowing for immediate owner-occupancy or quick tenant placement to generate income from day one.
Value-Add Opportunity: Explicitly marketed as a 'value add opportunity,' suggesting significant potential to increase equity and rental income through strategic renovations and upgrades.
Versatile Unit Mix: The diverse unit configuration (3-bed, 2-bed, studio) caters to a wider range of potential tenants, enhancing rental flexibility and market appeal.
Cons
Property Age and Condition: Built in 1930, the property is likely to require substantial capital expenditures for deferred maintenance, system upgrades, and modernization to meet current market standards and maximize rental income.
Unspecified Parking Availability: The listing does not mention parking provisions for three units, which is a critical amenity in Los Angeles and could be a significant drawback for tenants and impact rental desirability.
Renovation Investment Required: While a 'value-add,' this implies the property is not turn-key and will necessitate a considerable investment of time and capital to execute necessary renovations and realize its full potential.