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821 W 84th St 10 Unit Apartment Building $1,821,056 CAD ($182,106 CAD/Unit) 6.45% Cap Rate Los Angeles, CA 90044
Investment Highlights
- Value Add Opportunity
- High Demand Rental Location
- Close To 110 Freeway And Metro Bus Lines
- Ten - Single/1 Bath Units
- Potential To Build ADU’s
- Within 10 Miles of Downtown Los Angeles
Executive Summary
821 West 84th Street is a 2,992 SF multifamily property located in South Los Angeles. Built in 1941, the property features 10 x 1 Single/1 Bath apartments on approximately 9,066 SF parcel of land. The property includes two separate freestanding one-story buildings. Private parking is available. Located just a few minutes west of the Harbor (110) Freeway and is located just north of Manchester Blvd and east of Vermont Avenue, major thoroughfares through the city. Potential to build additional ADU's.
Property Facts
| Price | $1,821,056 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $182,106 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 6.45% | Building Size | 2,992 SF |
| Gross Rent Multiplier | 9.94 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1941 |
| Property Subtype | Apartment | Parking Ratio | 3.34/1,000 SF |
| Zoning | LAR3 | ||
| Price | $1,821,056 CAD |
| Price Per Unit | $182,106 CAD |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Gross Rent Multiplier | 9.94 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 2,992 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1941 |
| Parking Ratio | 3.34/1,000 SF |
| Zoning | LAR3 |
Amenities
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 290 |
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 6032-010-022 | Improvements Assessment | $108,371 CAD |
| Land Assessment | $566,897 CAD | Total Assessment | $675,268 CAD |
Property Taxes
Parcel Number
6032-010-022
Land Assessment
$566,897 CAD
Improvements Assessment
$108,371 CAD
Total Assessment
$675,268 CAD
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821 W 84th St
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