801 E 84th Place Los Angeles, CA 90001
Florence NeighborhoodEstimated payment $12,539/month
Highlights
- Under Construction
- Primary Bedroom Suite
- Wood Flooring
- No Units Above
- Custom Home
- Main Floor Primary Bedroom
About This Home
Introducing 801 E 84th Place, a stunning brand-new fourplex in the heart of Los Angeles, scheduled for completion in just six to eight weeks. This architecturally striking 2025 construction offers an exceptional opportunity for investors seeking strong cash flow, low-maintenance ownership, and high returns with a projected 6.86% cap rate on pro forma income. Featuring four spacious five-bedroom, five-bathroom units, the property delivers a total of 20 bedrooms and 20 bathrooms across 7,607 square feet of thoughtfully designed living space. Each unit is equipped with high-end finishes, appliance packages, in-unit laundry, efficient water heaters, efficient landscaping, creating a turnkey, tenant-friendly environment that attracts families, roommates, and Section 8 or program-based tenants alike. Built to the highest modern standards, the property includes free-and-clear solar panels, Gold-rated Green Certification, and beautifully landscaped grounds designed for minimal upkeep. The open floor plans feature expansive living and dining areas with large windows that fill each unit with natural light, and select units include private balconies for added outdoor space. Stylish contemporary kitchens with quartz countertops, custom cabinetry, and premium fixtures create a warm, functional atmosphere for tenants. Residents benefit from 6+ on-site parking spaces at the rear of the property and enjoy convenient proximity to the 110 and 105 freeways, Metro Rail, and multiple bus lines, offering easy access to Downtown Los Angeles, USC, LAX, SoFi Stadium, and the Intuit Dome. The units can be delivered vacant or leased, this brand-new multifamily asset is ideal for investors, family operators, or master lease program partners seeking durability, design, and dependable income with minimal management required. Backed by a one-year builder warranty, 801 E 84th Place represents a rare turnkey opportunity to own a high-performing, energy-efficient property in one of Los Angeles’ most promising rental markets. With exceptional curb appeal, modern finishes, and strong local rental demand, this property is poised to deliver long-term stability, appreciation, and consistent income for years to come.
Listing Agent
Four Brothers Real Estate, Inc. Brokerage Phone: 949-413-7911 License #01941825 Listed on: 01/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2026 | Under Construction
Lot Details
- 7,650 Sq Ft Lot
- Property fronts an alley
- No Units Above
- No Units Located Below
- 1 Common Wall
- Fenced
- New Fence
- Corner Lot
- Rectangular Lot
- Sprinkler System
- Front Yard
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
Home Design
- Custom Home
- Contemporary Architecture
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Membrane Roofing
- Reflective Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 7,607 Sq Ft Home
- 3-Story Property
- Recessed Lighting
- Double Pane Windows
- Window Screens
- Entryway
- Family Room
- Living Room
- Den
- Neighborhood Views
Kitchen
- Walk-In Pantry
- Electric Oven
- Electric Cooktop
- Dishwasher
- Stone Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- 10 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
- Vented Exhaust Fan
- High-Efficiency Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Accessible Parking
- Solar owned by seller
- Two Homes on a Lot
- Suburban Location
Listing and Financial Details
- Tax Lot 93
- Tax Tract Number 6534
- Assessor Parcel Number 6029022007
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 2 Separate Water Meters
- Insurance Expense $5,705
- Operating Expense $44,034
- Gross Income $216,000
- Net Operating Income $161,167
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,015 | $579,500 | $435,500 | $144,000 |
| 2024 | $4,015 | $303,357 | $208,024 | $95,333 |
| 2023 | $3,942 | $297,410 | $203,946 | $93,464 |
| 2022 | $2,599 | $191,298 | $84,611 | $106,687 |
| 2021 | $2,563 | $187,548 | $82,952 | $104,596 |
| 2020 | $2,583 | $474,300 | $357,000 | $117,300 |
| 2019 | $2,493 | $181,988 | $80,493 | $101,495 |
| 2018 | $2,452 | $178,420 | $78,915 | $99,505 |
| 2016 | $2,337 | $171,493 | $75,851 | $95,642 |
| 2015 | $2,307 | $168,918 | $74,712 | $94,206 |
| 2014 | $2,335 | $165,610 | $73,249 | $92,361 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $2,350,000 | 0.0% | $309 / Sq Ft | |
| 02/02/2026 02/02/26 | Off Market | $2,350,000 | -- | -- | |
| 01/12/2026 01/12/26 | For Sale | $2,350,000 | 0.0% | $309 / Sq Ft | |
| 01/09/2026 01/09/26 | Off Market | $2,350,000 | -- | -- | |
| 01/08/2026 01/08/26 | For Sale | $2,350,000 | 0.0% | $309 / Sq Ft | |
| 11/14/2025 11/14/25 | Off Market | $2,350,000 | -- | -- | |
| 08/28/2024 08/28/24 | For Sale | $579,500 | 0.0% | $402 / Sq Ft | |
| 08/22/2024 08/22/24 | Sold | $579,500 | -- | $402 / Sq Ft | View Prior Sale |
| 01/01/2024 01/01/24 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $579,500 | Wfg National Title | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,257,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25235334
APN: 6029-022-007
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Ask me questions while you tour the home.