236 W 84th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
236 W 84th
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 236 W 84th, Los Angeles, California 90003 is currently available with a list price of $1,890,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was newly built in 2024, making it brand new. The images confirm a pristine condition with modern finishes throughout, including new white shaker cabinets, quartz countertops, stainless steel appliances, light wood-look flooring, and updated bathrooms with subway tile surrounds. All components are new and meet current quality standards, with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Low Maintenance
Built in 2024, this property offers modern standards and is explicitly marketed as having no deferred maintenance issues, providing a 'set-it and forget it' investment.
- Rent Control Exemption
Not subject to Los Angeles rent or eviction control, offering significant operational flexibility and greater potential for rent growth.
- Exceptional Cash Flow
Fully leased with a current cap rate over 6.2% and a pro forma of 7.48%, indicating strong and immediate investment returns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3848, other record living area = 788.
- Recently Sold Property
The property was recently sold within the past year on 2025-02-04. The sold price is $1,620,000.00.
- High-Density Living Challenges
The configuration of two 5-bedroom units suggests a high-occupancy model, which may lead to increased wear and tear and potentially higher tenant turnover.
About 236 W 84th
NEWLY BUILT IN 2024, NOT SUBJECT TO RENT/EVICTION CONTROL, FULLY LEASED AT NEAR MARKET RENTS, NEAR USC, ALL UTILITIES SEPARATELY METERED AND PAID BY TENANTS WITH FULLY PAID OFF SOLAR TO ASSIST THEM!!! THIS CASHFLOWING THREE UNIT HAS GOOD TENANTS AND PLENTY OF PARKING. CONSISTING OF TWO FIVE BEDROOM THREE BATH UNITS AND ONE THREE BEDROOM 1 BATH UNIT FOR ALMOST 4000 SQFT OF LIVING SPACE! EACH 5/3 UNIT HAS 2 COVERED PARKING SPACES WHILE THERE IS AMPLE UNCOVERED PARKING ON THIS WELL DESIGNED LOT. CURRENT CAP RATE OVER 6.2% CALCULATED ON NEW PURCHASE PRICE WITH A PRO FORMA CAP RATE OF 7.48!! PERFECT PROPERTY FOR THE SET-IT AND FORGET IT INVESTOR AS YOU DON'T HAVE TO WORRY ABOUT DEFERRED MAINTENANCE ISSUES!! THIS IS A RENTAL GEM!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2024
- Lot Size
- 5,321 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,848 | 1,907 | 90% |
| Lot Size | 5,321 | 5,206 | 59% |
| Price | $1.89M | $770.0K | 97% |
| Price per sq ft | $491 | $370 | 79% |
| Built year | 2024 | 1923 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 204 | 5% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,890,000
Initial Listing
Sold
Feb 4, 2025
$1,620,000
Public Record
Sold
Jan 10, 2024
$520,000
Public Record