FOR SALE

1417 W 84th Pl Los Angeles, CA 90044

$2,099,000

(3) 5-4, (1) STUDIO ADU

Do Not Disturb Occupants. Drive-by only. Exceptional investment opportunity featuring a 2023-built triplex plus ADU with four total units, fully occupied by long-term tenants and generating approximately $197,028 in annual gross scheduled rents. Priced right with a potential 7%+ cap rate, depending on operating expenses. The property includes three spacious five-bedroom residences, each with multiple bathrooms, private living areas, and garage parking, plus a separate studio ADU. All four units feature separately metered electric, gas, and water, with tenants responsible for their individual utilities. Solar and drought-conscious landscaping further enhance the property’s efficiency and reduce ongoing ownership costs. Located in South Los Angeles, the property is approximately 3.5 miles from SoFi Stadium and Kia Forum, 4 miles from USC and BMO Stadium, 8 miles from Downtown Los Angeles, and 10 miles from LAX, with convenient access to the 110, 105, 10, and 405 freeways.

Furthermore, the recent legislation of SB 8 indicates a decline in the availability of properties like this. Don't miss your chance! Make your offer today and secure this exceptional investment opportunity before it's too late.

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FOR SALE 5868 Myrtle Avenue, Long Beach, CA 90805