156 W 84th, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 3 bath
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Los Angeles, California 90003
This Century-Old Triplex Asset is a strategic Buy-and-Hold Investment in the Los Angeles Unified district. Listed at $659,999, the price reflects the property's Income Generation Potential and proximity to its $601,374 Fair Market Value. Holding a Condition Rating of 5, this 1920s structure requires significant rehabilitation but offers substantial Value-Add upside. The layout includes a 2-bedroom front unit and two 1-bedroom rear units, providing multiple revenue streams. With the adjacent lot also available, this is a premier assembly prospect for Buy-and-Hold Investors or Developers targeting high-density growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 156 W 84th Subject | $599,999* List Price | 4 | 3 | 1,885 | $276 | - |
A 231 W 88th Street Sold | $480,000 | 4 | 3 | 1,907 | $252 | 0.3 mi |
B 231 W 88th Street Sold | $480,000 | 0 | 0 | 1,907 | $252 | 0.3 mi |
C 164 W 84th Place Active | $599,999 List Price | 5 | 4 | 2,064 | $291 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this century-old triplex exhibits significant deferred maintenance and aging. The exterior shows stained stucco, cracked concrete, and neglected landscaping. The listing analysis itself highlights the need for substantial capital expenditures to modernize systems and address structural repairs, indicating the property requires major rehabilitation.
As a triplex featuring a 2-bedroom front unit and two 1-bedroom rear units, this property offers multiple revenue streams for investors or a house-hacking opportunity for owner-occupants.
The availability of the adjacent property for sale presents a unique chance for developers or investors to acquire contiguous lots for a larger-scale project or increased density.
Listed at $659,999, this multi-family asset provides a relatively low entry price point for the Los Angeles market, offering significant upside potential for value-add investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1920, the property may require substantial capital expenditures for modernizing systems, structural repairs, or addressing deferred maintenance common in older structures.
The shared driveway may create parking constraints or logistical challenges between residents, potentially impacting the ease of access and overall privacy for tenants.
This property features a 2 bedroom unit in front with two one bedrooms (duplex in back). Next door property for sale too. Shared driveway. All information deemed reliable but not guaranteed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 89% |
| Baths | 3.0 | 0.0 | 89% |
| Square foot | 1,885 | 2,120 | 38% |
| Lot Size | 5,320 | 5,206 | 51% |
| Price | $600.0K | $755.0K | 24% |
| Price per sq ft | $318 | $356 | 46% |
| Built year | 1920 | 1927 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 197 | 5% |
May 1, 2026
$599,999
$659,999
-9% Price Drop
Initial Listing
Apr 7, 2026
$659,999
Initial Listing