$1,200,000
$700K PRICE DROP

Estimated payment $6,740/month

Total Views 7,797
0.14 Acre
$8,432,888 Price per Acre
6,200 Sq Ft Lot

About This Lot

Nestled in the heart of one of Los Angeles' most active development corridors, 711 W 84th Street offers an extraordinary opportunity for visionary investors and developers. Currently home to a three-unit property, this lot is deliverable vacant ready to be transformed into a high-impact, high-yield development. With sweeping eligibility under the City of Los Angeles' Tier 2 Transit-Oriented Communities (TOC) guidelines and the Adaptive Housing Incentive Program (AHIP), this site has the potential to host up to 43 affordable housing units. The future here is not just promising, it's powerful. This offering stands out thanks to a unique blend of development advantages. Notably, the site has no parking requirement, significantly reducing construction costs and increasing buildable density. In addition, a generous height allowance of up to 78 feet means developers can envision a mid-rise structure that maximizes both unit count and community impact. Perhaps most compelling is its location within an Opportunity Zone, opening the door for substantial tax incentives and long-term financial gains. Location is Everything. Strategically positioned, 711 W 84th Street boasts convenient access to major freeways, public transportation, and regional employment hubs making it a commuter's dream. Residents will benefit from proximity to schools, parks, shopping centers, and local cultural institutions. This neighborhood is undergoing rapid revitalization, further amplifying the long-term value of this property. The strong rental demand in the area for both affordable and market-rate units underscores the income-generating potential of any development here. In a city grappling with a housing shortage, 711 W 84th Street presents a rare and timely opportunity to be part of the solution while building long-term wealth. Whether you're seeking to break ground on a flagship affordable housing project, capitalize on zoning and incentive programs, or expand your portfolio with a high-performing multifamily asset, this site is an ideal canvas for transformative development. DRIVE BY ONLY AND SUBMIT YOUR OFFER! Email for OM. Currently a triplex collecting $2096 for 2 bed $1550 1 bed $1500 1 bed $5146

Listing Agent

Obie Nwabuzor

Pacific Playa Realty License #02020522 Listed on: 04/10/2025

Pacific Playa Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,355

Lot Details

  • 6,200 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6032-019-025

Property Details

Property Type

Land

Est. Annual Taxes

$1,355

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1423
  • Survey: Buyer Pays
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 6032-019-025
  • Lot Size Area: 6200

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,355 $802,271 $680,233 $122,038
2024 $1,355 $77,350 $40,765 $36,585
2023 $1,340 $75,834 $39,966 $35,868
2022 $1,296 $74,348 $39,183 $35,165
2021 $1,266 $72,891 $38,415 $34,476
2020 $1,272 $72,145 $38,022 $34,123
2019 $1,237 $70,731 $37,277 $33,454
2018 $1,137 $69,346 $36,547 $32,799
2016 $1,068 $66,655 $35,129 $31,526
2015 $1,056 $65,655 $34,602 $31,053
2014 $1,083 $64,370 $33,925 $30,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,200,000 -36.8% --
04/10/2025 04/10/25 For Sale $1,900,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co Los
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $145,000 New Conventional
Previous Owner $165,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25522579

The MLS

APN: 6032-019-025