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Stacey Alysson Melman

224 W 84th ST
Los Angeles, CA, 90003
$739,999
4 Beds
3 Baths
1,933 SqFt
0.12 Acres
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MLS #26989913 image #0
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.
AGENT:
LISTING BROKERAGE: TNG Real Estate Consultants
224 W 84th ST
Los Angeles, CA

Property Details

Price:
$739,999
MLS #:
26989913
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Sep 25, 2026
Finished Sq Ft:
1,933
Total Sq Ft:
1,933
Lot Size:
5,401 sqft / 0.12 acres (approx)
Year Built:
1922
C37 – Metropolitan SouthC37metropolitansouth
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Schools

Interior

Cooling
None
Heating
Wall Furnace
Laundry Features
Laundry Room
Levels
One

Exterior

Common Walls
No Common Walls
Direction Faces
North
Open Parking YN
1
Parking Features
Driveway
Parking Spots
4
Parking Total
4
Stories
1

Financial

Gross Operating Income
$13,023
Net Operating Income
$16,084

Map

Community

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