801 E 84th Pl, Los Angeles, CA 90001

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.