1216 84th

Property Description

An exceptional opportunity for investors or owner-occupants, this updated multifamily property offers two beautifully renovated homes on a generous 6, 291 sq. ft. R3 lot in the heart of Los Angeles. Designed for modern living and future growth, this property is move-in ready with significant upgrades and income-generating potential. The first unit, located at 1216 E 84th Place, features 3 spacious bedrooms and 1 bathroom across 1, 290 sq. ft. of living space. It boasts a bright and open floor plan with updated flooring, fresh paint inside and out, and a dedicated laundry room. Major upgrades completed in 2020 include new plumbing, electrical, roofing, and a tankless water heater, ensuring both modern comfort and long-term durability. The second unit, located at 1218 E 84th Place, is a 2-bedroom, 1-bathroom home spanning 854 sq. ft. Fully remodeled in 2020, it showcases a sleek, modern kitchen, updated plumbing and electrical systems, and central air conditioning for year-round comfort. This unit also includes an EV charging station and two dedicated parking spaces, offering added convenience for residents. Like the first unit, this home also features a tankless water heater, providing energy efficiency and continuous hot water. In 2020, the propertyâs cement was redone to create a smooth, inviting walkway that seamlessly connects the front home to the back unit. A detached garage with a new roof offers additional storage or the potential for conversion into an accessory dwelling unit (ADU), further increasing the property's income potential. The property is securely gated, offering privacy for both homes, and includes ample parking for residents and guests. Located in a prime Los Angeles neighborhood, this property is close to schools, shopping centers, and transportation hubs. It is perfect for investors seeking stable rental income or families looking for a flexible, multi-generational living arrangement. The R3 zoning and large lot size also present exciting possibilities for future development. Donât miss your chance to own this versatile and income-producing property.