1019 E 84th Place, Los Angeles, CA 90001
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1019 E 84th Place, Los Angeles, CA 90001
1019 E 84th Place, Los Angeles, CA 90001
1019 E 84th Place, Los Angeles, CA 90001
1019 E 84th Place, Los Angeles, CA 90001
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Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 1,669,000
Est. payment /mo
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1019 E 84th Place Los Angeles, CA 90001

13 Beds

11 Baths

5,743 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26138680

Bedrooms 13

Lot Size 5,743 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

New 2022 Non-Rent Controlled Triplex | Fully Leased | 6.72% Cap Rate Exceptional investment opportunity in Green Meadows, in Los Angeles. This new 2022 construction triplex is fully leased, non-rent controlled, and generating strong income from day one, making it an ideal acquisition for portfolio investors and 1031 exchange buyers alike. The property features 2 spacious 5-bed/3.5-bath units and 1, 3-bed/2.5-bath unit totaling 4833 sq ft of modern new construction. All 3 units are currently occupied with quality tenants, delivering a stabilized 6.72% cap rate with zero lease-up risk and no deferred maintenance. Updated systems and contemporary finishes throughout ensure long-term durability and tenant appeal. For 1031 exchange investors, this property checks every box, turnkey, fully occupied, and ready to close. New construction maximizes your depreciable basis, sheltering exchanged gains while providing a long runway of appreciation ahead. As a non-rent-controlled asset, owners retain full flexibility on future rental increases, a significant advantage in today's increasingly regulated LA rental market. Ideally located with a Walk Score of 76 and strong transit access, including Firestone Station just minutes away and LAX only 18 minutes out. Close proximity to major employment corridors, shopping, parks, and schools drives consistent tenant demand and low vacancy. Whether you're completing a 1031 exchange or looking for a fresh capital, or expanding your portfolio, this is the turnkey, cash-flowing, new construction asset serious investors don't pass up.

Location

State CA

County Los Angeles

Zoning Seller

Direction S Central Ave and E 84th Pl

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6029021007

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Shirin Aghamirkarimi, DRE#02212998 eXp Realty of California Inc 

NEARBY SCHOOLS & PROPERTIES

Don Pelletier

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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1019 E 84th Place

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