For Sale Multi-Family MLS# 26989913

224 W 84th Street

Los Angeles, CA 90003

$739,999

california-regional-mls-rsd logo

About 224 W 84th Street

A rare opportunity for investors, owner-users, and developers looking for flexibility and upside in the heart of South Los Angeles. With two units currently vacant the next owner has an opportunity to take control of the property from day one to renovate, reposition, select new tenants, or explore a larger long-term vision for the site. Situated on an approximately 5,401 sq. ft. LAR3-zoned lot, the property is legally recognized as a duplex per public records but currently functions with three separate living units, totaling approximately 1,933 sq. ft. The existing configuration consists of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. For the investor with vision, the possibilities are compelling. Improve the existing units and establish new rents, occupy one unit while generating income from the others, or explore the site's future development potential under LAR3 zoning and applicable City of Los Angeles regulations. The property's established multi-unit footprint, functional separation between living spaces, outdoor area, and deep lot provide a strong foundation for a variety of strategies. Located within an established South Los Angeles infill neighborhood, the property offers convenient access to major corridors including Broadway, Vermont, and Florence, along with nearby shopping, dining, everyday services, parks, recreation, and public transportation. Its central location provides connectivity to Downtown Los Angeles, USC, Inglewood, and other major employment and entertainment centers throughout Los Angeles. Whether the goal is to renovate and hold, create an owner-user opportunity, reposition the units, or investigate future redevelopment, this property offers something increasingly valuable in Los Angeles real estate. Bring your vision and unlock the property's next chapter. Some photos have been virtually enhanced. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1922
Stories
1
Living area
1,933 sqft
Price / sqft
$383
Lot
0.124
Original price
$739,999
MLS #
26989913

Interior

Heating
Wall Furnace
Laundry
Laundry Room

Exterior & lot

Features
Parking spaces: 4
Construction
1
Lot
LAR3
Parking
Driveway

Schools

District
Los Angeles Unified School District

Financial

Parcel
6040002024
Special conditions
Standard

Location

Area
C37 - Metropolitan South
County
Los Angeles
Neighborhood
Florence
Directions
110 North, take exit 16 Manchester Ave, turn right on Manchester Ave., Turn left after Subway(on the left) onto S. Broadway, Right onto W. 84th St, 224 W 84th on right side

Ask about this property

Questions on 224 W 84th Street, Los Angeles, CA 90003, or want to see it in person?

Listed by Corterz Johnson, TNG Real Estate Consultants

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.