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925 W 84th St
Los Angeles, CA 90044 South Central LA

$1,100,000 USD

Apartments For Sale  •  4,620 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,620 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 8.17 %
  • Zoning LAR3
60 Transit Score
73 Walk Score

Highlights

7-Unit Apartment on a Large 9,066-SF Lot | 8.17% Current Cap Rate & 8.59 Current GRM
10.95% Pro-Forma Cap Rate & 6.89 Pro-Forma GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Six) 1-Bedroom/1-Bathroom Units
Rare LAR3 TOC Tier 3 Zoning – Build Up to 20 Units* | High Density Bonus Allowance w/ No Subterranean Parking Required & Only 0.5 Parking Spaces/Unit
Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome | Tremendous Value-Add Opportunity | Approximately 25% in Rental Upside
Offered at $157,143 Per Unit & $238 Per SF | Total of 7 Parking Spaces
Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles

Financial Summary (Actual)

Net Operating Income: $89,885 USD (2025)
Cap Rate: 8.17 %
Total Expenses: $34,303 USD

Public Transportation

Commuter RailDriveWalkDistance
14 min - 9.2 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 9.8 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 8.1 mi
Long Beach (Daugherty Field) 24 min - 16.5 mi
Bob Hope 34 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Jonathan Nikfarjam 310-593-9868 Estate Properties Torrance
Jonathan Nikfarjam 310-593-9868 Estate Properties Torrance