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Stacey Alysson Melman

229 W 84th ST
Los Angeles, CA, 90003
$788,888
3 Beds
3 Baths
1,216 SqFt
0.12 Acres
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MLS #26989983 image #0
Will be delivered +FULLY VACANT + REMODELED A TURNKEY SOUTH LOS ANGELES INCOME PROPERTY OPPORTUNITY! Why inherit someone else’s tenants, deferred maintenance, and outdated interiors when you can start fresh? Welcome to 229 W 84th St, an exciting multifamily opportunity in South Los Angeles offering something investors and owner-users are constantly searching for: vacant units, updated interiors, and the freedom to create your own strategy from day one. The property will be delivered completely vacant and remodeled, giving the next owner the rare opportunity to establish their own rental terms and select their own tenants without taking on existing leases. For an owner-user, it also creates the flexibility to occupy one unit while exploring income potential from the other. The property offers an established multifamily footprint with outdoor space and convenient access to major Los Angeles corridors. The remodeled units throughout provide a fresh, move-in-ready foundation without the immediate renovation burden often associated with older multifamily properties. Instead of purchasing a project and spending months coordinating improvements, the next owner can focus on putting the property to work. For investors, full vacancy can mean flexibility evaluate current market rents, choose your tenant profile, establish new leases, and begin building your investment strategy from a clean slate. For buyers looking to offset the cost of homeownership, the property offers an opportunity to combine a place to live with an additional income-producing unit. Centrally positioned in South Los Angeles with access to major transportation routes, employment centers, shopping, dining, and everyday conveniences, the property is well situated for long-term rental demand and continued investment. Whether you’re looking to expand your rental portfolio, purchase your first multifamily investment, or live in one unit while renting the other, 229 W 84th St offers the combination investors want but rarely find together: Remodeled. Fully vacant. Multifamily. Ready for its next owner .Bring your investment strategy not your contractor. 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
229 W 84th ST
Los Angeles, CA

Property Details

Price:
$788,888
MLS #:
26989983
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Sep 17, 2026
Finished Sq Ft:
1,216
Total Sq Ft:
1,216
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
1922
C37 – Metropolitan SouthC37metropolitansouth
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Schools

Interior

Appliances
Refrigerator
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Levels
One

Exterior

Open Parking YN
1
Parking Features
Driveway
Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$72,000
Net Operating Income
$68,034

Map

Community

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