$1,200,000

925 W 84th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated payment $7,770/month

Total Views 2,604
9 Beds
7 Baths
4,620 Sq Ft
$260 Price per Sq Ft

About This Home

7-Unit Apartment on a Large 9,066-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 6.76% Current Cap Rate & 9.78 Current GRM | 9.74% Pro-Forma Cap Rate & 7.52 Pro-Forma GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Six) 1-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Tremendous Value-Add Opportunity - Approximately 30% in Rental Upside | Offered at $171,429 Per Unit & $260 Per SF | Total of 7 Parking Spaces

Listing Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 05/13/2025

Co-Listing Agent

Ken Conant

Estate Properties License #00851703

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 9,066 Sq Ft Lot

Interior Spaces

  • 4,620 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 6032-009-016

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Vacancy Allowance $3,682

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 4620
  • Lot Acreage: 0.2101
  • Price Per Unit: 171429.00
  • Stories: 2
  • Year Built: 1915
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 259.74

Exterior Features

  • Other Structures: Other
  • Construction: Frame and Stucco
  • Paved: Yes

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 7

Utilities

  • Number Electric Meters: 7
  • Number Gas Meters: 7

Lot Info

  • Assessed Improvement Percent: 29.29
  • Assessed Improvement Value: 323498
  • Assessed Land Percent: 70.71
  • Assessed Land Value: 780861
  • Total Assessed Value: 1104359
  • Assessor Parcel Number: 6032-009-016
  • Lot Size Area: 9066

Rental Info

  • Total Actual Rent: 122724.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 9.78
  • Number Of Units: 7
  • Total Annual Expense: 37864
  • Type Of Units: 3+1, 1+1
  • Vacancy Allow: 3682
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 15000.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $1,200,000 +21.2% $260 / Sq Ft
09/20/2017 09/20/17 Sold $990,000 -0.5% $786 / Sq Ft
06/02/2017 06/02/17 Price Changed $995,000 -8.7% $790 / Sq Ft
04/30/2017 04/30/17 Price Changed $1,090,000 -3.9% $865 / Sq Ft
03/03/2017 03/03/17 Price Changed $1,134,000 -7.0% $900 / Sq Ft
02/01/2017 02/01/17 For Sale $1,219,000 -- $967 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25538327

The MLS

California Los Angeles County Los Angeles 90044 Vermont Knolls

925 W 84th St, Los Angeles, CA

This home is located at 925 W 84th St, Los Angeles, CA 90044 and is currently priced at $1,200,000, approximately $259 per square foot. This property was built in 1915. 925 W 84th St is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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Nearby Homes
Jonathan Nikfarjam
Listing Agent
Jonathan Nikfarjam
Section Image
Shield CRE, Inc.
(310) 880-6807