$2,350,000
NEW CONSTRUCTION

Estimated payment $12,539/month

Total Views 22,685
10 Beds
10 Baths
7,607 Sq Ft
$309 Price per Sq Ft

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

Drew Dunn

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

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | Under Construction

Lot Details

7,650 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 6.86
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Contemporary, Custom Built
  • New Construction: Yes
  • Property Condition: Building Permit, Under Construction, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6029022007
  • Year Built: 2026
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Recessed Lighting, Stone Counters
  • Stories: 3
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 308.93
  • Room Type: Den, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Roof: Flat, Membrane, Reflective
  • Spa: No
  • Construction Materials: Concrete, Frame, Glass, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Ductless
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 7650.00
  • Lot Size Acres: 0.1756

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 216000.00
  • Gross Multiplier: 10.88
  • Gross Operating Income: 205200.00
  • Gross Scheduled Income: 216000.00
  • Insurance Expense: 5705.00
  • Lot Size Area: 7650.0000 Square Feet
  • Net Operating Income: 161167.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 44034.00
  • Rent Control: Yes
  • Total Expenses: 44034.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • Tax Lot: 93
  • Tax Tract Number: 6534

Map

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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 $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
Source: Public Records

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 -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $579,500 Wfg National Title
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,257,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25235334

California Regional Multiple Listing Service (CRMLS)

APN: 6029-022-007

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