1409 -1411 W 84th Place Los Angeles, CA 90047
Gramercy Park NeighborhoodEstimated payment $6,929/month
Highlights
- Contemporary Architecture
- Tile Countertops
- Tile Flooring
- No HOA
- Laundry Room
- 3 Detached Carport Spaces
About This Home
Investor’s Dream! Perfect 1031 Exchange Opportunity – High-Income Duplex Built in 2015
Exceptional investment opportunity in a prime Los Angeles location! This newer construction duplex, built in 2015, offers two large units, each featuring 5 bedrooms and 3 full bathrooms with approximately 1,900 sq ft of living space per unit. Situated on a generous 6,695 sq ft lot, the property includes 3 garages and additional covered parking in the rear, secured by rod iron front fencing and designed with low-maintenance landscaping.
Both units are well-maintained and designed for durability with tile and carpet flooring, mirrored closet doors, blinds, and in-unit laundry rooms. Currently fully occupied by long-term tenants with total monthly rents of $6,400. However, similar units in the area are achieving $7,600–$8,000/month, offering significant upside potential for increased cash flow.
This property is professionally managed and built for low-maintenance ownership—ideal for hands-off investors or 1031 Exchange buyers.
Urgent Opportunity: Escrow must close by October 9th to meet seller’s 1031 Exchange deadline. The property is aggressively priced for a quick sale under market value. If escrow is not opened promptly, price will increase to $1,300,000. Seize this limited-time opportunity to acquire a strong cash-flow asset with built-in equity.
Located near major transportation routes, businesses, sports venues, and key infrastructure tied to the upcoming Los Angeles Olympics. The area is primed for appreciation and growing rental demand.
Don’t miss your chance to lock in this exceptional deal in one of LA’s most promising investment corridors!
Listing Agent
First Team Real Estate Brokerage Phone: 7147912959 License #01840164 Listed on: 09/10/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 2015
Lot Details
- 6,695 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Fence is in average condition
- Paved or Partially Paved Lot
- Sprinklers on Timer
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- 3 Detached Carport Spaces
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Assigned Parking
Home Design
- Duplex
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
- Composition Roof
- Stucco
Interior Spaces
- 3,863 Sq Ft Home
- 2-Story Property
- Blinds
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Ice Maker
- Tile Countertops
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- No Heating
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 534
- Tax Tract Number 4511
- Assessor Parcel Number 6034021025
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,000
- Gardener Expense $480
- Insurance Expense $2,000
- Maintenance Expense $1,200
- Pest Control $420
- Professional Management Expense $4,536
- Trash Expense $100
- Water Sewer Expense $100
- New Taxes Expense $8,800
- Operating Expense $14,254
- Gross Income $76,800
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/10/2025 09/10/25 | For Sale | $1,095,000 | -- | $283 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25214716

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