212 W 84th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
PENDING$850,000
212 W 84th, Los Angeles, California 90003
0Bed
0Bath
3,952Sqft
5,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income-Generating Potential: Explicitly marketed as an 'Investment opportunity with monthly income potential' and suitable for 1031 exchange, offering consistent rental income from four units.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5400, other record lot size in square feet = 5319. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3952, other record living area = 992.
Compared to the nearby listings
Price:$850.0K vs avg $750.0K (+$100,000)67%
Size:3,952 sqft vs avg 1,902.5 sqft95%
Price/sqft:$215 vs avg $3655%
More Insights
Built in 1964 (61 years old).
Condition: While the property was built in 1964, the interior images clearly show recent and extensive renovations to the kitchens and bathrooms, featuring modern white shaker cabinets, new countertops, updated fixtures (black and gold tones), and contemporary wood-look laminate flooring throughout. Light fixtures and paint also appear fresh and modern. These updates make the individual units move-in ready with no immediate cosmetic renovations required. However, the exterior of the building appears dated, and the presence of wall heaters suggests a lack of central HVAC. The MLS description also notes the property's age and potential for major systems (plumbing, electrical, roofing) to be original or dated, preventing an 'Excellent' rating. The visible renovations are significant enough to warrant a 'Good' score, indicating a well-maintained property with updated key areas, despite its age and potential underlying system concerns.
Year Built
1964
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$215
HOA
-
Days on market
-
Sold On
-
MLS number
MB25269847
Home ConditionGood
Features
Patio
View-
About this home
Investment opportunity with monthly income potential! Live in one or two of the units and let the additional two units generate consistent monthly rental income for you or need to complete a 1031 upleg exchange. FOUR UNITS (1) 3-bedroom 2 bathrooms with access to rear yard, (2) 2 bedrooms 1 bathrooms each unit upper unit has balcony, (1) 1- bedroom 1 - bathroom downstairs unit. Spacious 3,952 sqft of living area. Common exterior laundry room, on-site carport area for tenant parking. Close proximity to LAX, SoFi Stadium Hub, Downtown LA restaurants and shops, easy access to 110, 105, 91 & 10 Fwys.
Price History
Date
Event
Price
07/07/99
Sold
$118,000
07/30/10
Sold
$140,000
09/01/06
Sold
$430,000
03/19/03
Sold
$125,500
Condition Rating
Good
While the property was built in 1964, the interior images clearly show recent and extensive renovations to the kitchens and bathrooms, featuring modern white shaker cabinets, new countertops, updated fixtures (black and gold tones), and contemporary wood-look laminate flooring throughout. Light fixtures and paint also appear fresh and modern. These updates make the individual units move-in ready with no immediate cosmetic renovations required. However, the exterior of the building appears dated, and the presence of wall heaters suggests a lack of central HVAC. The MLS description also notes the property's age and potential for major systems (plumbing, electrical, roofing) to be original or dated, preventing an 'Excellent' rating. The visible renovations are significant enough to warrant a 'Good' score, indicating a well-maintained property with updated key areas, despite its age and potential underlying system concerns.
Pros & Cons
Pros
Strong Income-Generating Potential: Explicitly marketed as an 'Investment opportunity with monthly income potential' and suitable for 1031 exchange, offering consistent rental income from four units.
Diverse Unit Mix: Features a desirable mix of unit sizes (3-bed/2-bath, two 2-bed/1-bath, 1-bed/1-bath), catering to a broader tenant pool and potentially maximizing occupancy and rental income.
Strategic Location & Accessibility: Excellent proximity to major employment and entertainment hubs like LAX, SoFi Stadium, and Downtown LA, with easy access to multiple freeways (110, 105, 91, 10).
Tenant-Friendly Amenities: Includes practical on-site amenities such as a common exterior laundry room and a dedicated carport area for tenant parking, enhancing tenant convenience and property appeal.
Substantial Living Area: With 3,952 sqft of living space across four units, the property offers generous square footage, which can be attractive to tenants seeking more spacious accommodations.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5400, other record lot size in square feet = 5319. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3952, other record living area = 992.
Property Age & Potential for Updates: Built in 1964, the property is 60 years old, suggesting that major systems (plumbing, electrical, roofing) and interior finishes may be original or dated, potentially requiring significant capital expenditure for upgrades or deferred maintenance.
Lack of Specific Unit Condition Details: The description focuses on the overall investment opportunity and common areas, but provides no details on the interior condition or specific amenities of individual units, which could imply they are basic or in need of modernization.
No Mention of HVAC/Cooling Systems: The description does not specify the presence or type of heating, ventilation, and air conditioning (HVAC) systems, particularly cooling, which can be a significant factor for tenant comfort and desirability in Los Angeles.