1019 E 84th Place, Los Angeles, CA 90001 | MLS #OC26138680 | Willis Allen Real Estate
 
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New 2022 Non-Rent Controlled Triplex | Fully Leased | 6.72% Cap Rate Exceptional investment opportunity in Green Meadows, in Los Angeles. This new 2022 construction triplex is fully leased, non-rent controlled, and generating strong income from day one, making it an ideal acquisition for portfolio investors and 1031 exchange buyers alike. The property features 2 spacious 5-bed/3.5-bath units and 1, 3-bed/2.5-bath unit totaling 4833 sq ft of modern new construction. All 3 units are currently occupied with quality tenants, delivering a stabilized 6.72% cap rate with zero lease-up risk and no deferred maintenance. Updated systems and contemporary finishes throughout ensure long-term durability and tenant appeal. For 1031 exchange investors, this property checks every box, turnkey, fully occupied, and ready to close. New construction maximizes your depreciable basis, sheltering exchanged gains while providing a long runway of appreciation ahead. As a non-rent-controlled asset, owners retain full flexibility on future rental increases, a significant advantage in today's increasingly regulated LA rental market. Ideally located with a Walk Score of 76 and strong transit access, including Firestone Station just minutes away and LAX only 18 minutes out. Close proximity to major employment corridors, shopping, parks, and schools drives consistent tenant demand and low vacancy. Whether you're completing a 1031 exchange or looking for a fresh capital, or expanding your portfolio, this is the turnkey, cash-flowing, new construction asset serious investors don't pass up.

Source: CRMLS, MLS#: OC26138680

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  • Property Type
    Residential Income
  • Lot
    0.13 acres

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  • Median Age
    30
  • Population Density
    16,838
  • College Educated
    11%
  • Estimated Median Income
    $48,011
  • Estimated Total Home Owners
    4,875
  • Estimated Total Renters
    8,814
  • Owner / Renter Divide
    36% / 64%
  • Estimated Average Household Size
    4
  • Total Population
    58,974
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1019 E 84th Place


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: CRMLS Added to Database
June 29, 2026
3/21/2024Source: CRMLS Status Change
Closed
2/29/2024Source: CRMLS Status Change
Pending
1/16/2024Source: CRMLS Added to Database
January 16, 2024
9/27/2022Source: CRMLS Added to Database
September 27, 2022
Listing provided courtesy of eXp Realty of California IncShirin Aghamirkarimi- MLS# OC26138680MLS ProviderContact Information: [email protected] - 888-584-9427