224 West 84th Street
Los Angeles, CA, 90003 $ 879,000
Baths0.0 Sq 1,933 Monthly Estimate*
$ 5,412
Studio for $879,000. This 1,933 square foot home was built in 1922 on a lot size of 0.12.
Opportunity-rich multi-unit property in the heart of South Los Angeles. Built in 1922 and situated on a 5,401 sq ft lot, this property is legally a duplex per public records, yet functions as a three-unit configuration, offering compelling income and value-add potential. The improvements total approximately 1,933 sq ft and include two 1-bedroom/1-bath units (one currently vacant) and one 2-bedroom/1-bath unit. The additional 1-bedroom unit was constructed in the 1950s and is not permitted, providing a potential pathway for future buyers to explore legalization, reconfiguration, or redevelopment options, subject to buyer investigation. Zoned LAR3, the property offers flexibility for long-term investors, owner-users, or developers seeking density and upside in a transit-connected urban corridor. The layout allows for strong unit separation, functional floor plans, and outdoor space, while the vacant unit presents immediate upside through renovation or repositioning. The neighborhood continues to experience steady reinvestment and infrastructure momentum. Residents enjoy convenient access to local retail corridors along Broadway, Vermont, and Florence, with grocery stores, restaurants, and everyday services nearby. Green spaces and community amenities include nearby neighborhood parks, recreation centers, and local libraries serving the South LA community. Proximity to major north-south and east-west arterials supports efficient commuting to Downtown Los Angeles, USC, Inglewood, and the Westside. With LAR3 zoning, a deep lot, and an established multi-unit footprint, this property presents multiple future-use scenarios: hold and improve, pursue unit legalization (buyer to verify), reconfigure layouts, or explore higher-density redevelopment consistent with zoning and city guidelines. A compelling opportunity for investors seeking cash flow today with long-term appreciation and redevelopment potential in one of Los Angeles' evolving infill markets.
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FeaturesGeneralLiving Area 1933.0
Heating Wall Furnace
Roof Shingle Composition
Zoning LAR3
Construction Materials Stucco
Year Built 1922
Tenant Pays Electricity Gas Insurance
Levels One
Accessibility Other
County Los Angeles
Net Operating Income 44400.0
New Construction No
Property Type C
HOA No
Facing Direction North
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5401.0
Property Attached Y/N No
Property Condition Additions/Alterations Repairs Cosmetic
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=rEzSsGm49u2&brand=0&mls=1&
Structure Type None
Standard Status Active
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ExteriorParking Features None Driveway
Water Source None Public
Lot Size Area 5401.0
Foundation Details None
Spa No
Pool Y/N? Yes
Building Area Total 1933.0
Lot Size Acres 0.12
Land Lease Type Fee
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InteriorTotal Stories 1
Common Walls No Common Walls
Air Conditioning Y/N No
Heating Y/N Yes
Entry Level 1
Total Baths 0
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* Excluded FeaturesList ByKory JacksonListing Agent
Exp Realty Of California IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,412
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,860,896
Percent of Sale Price 112%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/5/2026 | $879,000 | | Listed Price |