749 -751 E 84th Street, Los Angeles, California 90001, Los Angeles, 90001 - 0 bed, 0 bath
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Los Angeles, California 90001
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $950,000—positioned well above the $866,807 Fair Market Value by 9%. While priced above the current estimation, the property features Optimized Utility Management with separate meters and Attached One-Car Garages for the two-bedroom units, ensuring high tenant desirability. With a Condition Rating of 4, this turnkey asset provides immediate rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 749 -751 E 84th Street Subject | $950,000* List Price | 0 | 0 | 2,138 | $405 | - |
A 640 E 74th Sold | $735,000 | 0 | 0 | 2,078 | $354 | 0.7 mi |
B 8006 Hooper Sold | $730,000 | 5 | 2 | 1,945 | $375 | 0.6 mi |
C 8230 Compton Sold | $1,040,000 | 5 | 5 | 2,160 | $481 | 0.8 mi |
D 8230 Compton Sold | $1,040,000 | 0 | 0 | 2,160 | $481 | 0.8 mi |
E 1008 E 74th Street Sold | $779,000 | 0 | 0 | 1,873 | $416 | 0.7 mi |
F 819 E 73rd Sold | $1,093,000 | 0 | 0 | 2,854 | $383 | 0.8 mi |
G 1159 E 74th Street Active | $697,000 List Price | 0 | 0 | 1,953 | $357 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1937 (87 years old). While the listing mentions 'many upgrades' and a remodeled studio, the primary units likely feature dated kitchens, bathrooms, and systems consistent with a well-maintained but older triplex, fitting the >20-year age profile for original components.
The property features separate electric and gas meters for each unit, and a system where tenants divide the water bill, significantly reducing the owner's monthly operating expenses and management overhead.
The triplex is reported to be in good condition with many upgrades, including a fully remodeled studio unit, allowing an investor to generate immediate rental income without the need for major initial renovations.
Both two-bedroom units include attached one-car garages, a premium feature in the Los Angeles rental market that enhances tenant desirability and supports higher rental rates.
Built in 1937, the property may have underlying infrastructure or systems that, despite upgrades, could require more frequent maintenance compared to newer residential income properties.
The property is situated in an area where several assigned schools, such as Charles Drew Middle School, carry low performance ratings, which may limit the pool of prospective long-term family tenants.
751, 749, AND 749 1/2 84TH STREET. OUTSTANDING INVESTMENT PROPERTY. THIS PROPERTY HAS 3 UNITS IN GOOD CONDITION WITH MANY UPGRADES AND EXCELLENT TENANTS. EACH UNIT HAS ITS OWN ELECTRIC AND GAS METERS. THE WATER BILL IS PAID BY TENANTS AND DIVIDED BY THE NUMBER OF OCCUPANTS. UNIT 751: 2 BEDROOMS, 1 BATHROOM WITH ATTACHED ONE-CAR GARAGE. UNIT 749: 2 BEDROOMS, 1 BATHROOM WITH ATTACHED ONE-CAR GARAGE. UNIT 749 1/2: IS A STUDIO, WHICH HAS BEEN REMODELED.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,138 | 2,250 |
| Lot Size | 5,101 | 5,864 |
| Price | $950.0K | $826.7K |
| Price per sq ft | $444 | $395 |
| Built year | 1937 | 1925 |
| HOA | $0 | $0 |
| Days on market | 14 | 83 |
Jul 8, 2026
$950,000
Initial Listing
Aug 3, 2016
$410,000
Public Record
Jun 7, 2010
$235,000
Public Record
Mar 26, 2007
$550,000
Public Record