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$2,315,000
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Property Description
Introducing 801 E 84th Place, a stunning brand-new fourplex in the heart of Los Angeles with certificate of occupancy in hand! 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.
Full Property Details
Full Property Details for 801 E 84th Pl
General
- Sold For: $2,315,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25235334
- Added to Site: 276 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Primary Bedroom, Entry, Walk-In Pantry, Laundry, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Family Room, Primary Suite, Den, Primary Bathroom
- Interior Features: Balcony, Recessed Lighting, Stone Counters
- Fireplace(s): None
- Appliances: High Efficiency Water Heater, Electric Oven, Electric Water Heater, Electric Cooktop, Refrigerator, Electric Range, Dishwasher, Vented Exhaust Fan
- Flooring: Tile, Wood, Laminate
Rooms
Other Rooms
- Laundry: Inside, Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Rain Gutters, Lighting
Parking
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: 84th place and McKinley Ave
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Ductless, Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Electric Meters: 4
Structural Information
- Architectural Style: Contemporary, Custom-Built
- Foundation: Slab
- Roof: Membrane, Reflective, Flat
- Windows: Double-Pane Windows, Screens
- Entry Location: 1
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 7,607
- Year Built: 2026
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 5
- Bedrooms: 5
Unit 2
- Number of Units: 2
- Total Bathrooms: 5
- Bedrooms: 5
Additional Structures
- Other Structures: Two on a Lot
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1756
- Lot Size Source: Assessor
- Zoning: R2
- Lot Description: Corner Lot, Rectangular Lot, 0-1 Unit/Acre, Front Yard, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $304.32
- Price Per Unit: 600000
Listed by Four Brothers Real Estate, Inc., Drew Dunn
Sold by Century 21 Allstars, Johnny Corona
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Schools
Schools serving 801 E 84th Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Park Elementary School 8510 Towne Avenue, Los Angeles, CA 90003 | K-6 | 0.3 mi |
Charles Drew Middle School 8511 Compton Avenue, Los Angeles, CA 90001 | 7-8 | 0.7 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.6 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.7 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 801 E 84th Pl
Date
Details
Price
Change
Source
6/25/2026
Sold
$2,315,000
-3.54%
MLS
3/11/2026
Price Increased
$2,400,000
4.35%
MLS
3/05/2026
Price Reduced
$2,300,000
-2.13%
MLS
1/08/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
801 E 84th Place, Los Angeles, CA 90001 (MLS# OC25235334) is a Multi-Family property that was sold at $2,315,000 on June 25, 2026. Want to learn more about 801 E 84th Place? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

