24-Bedroom ResidentialIncome — 833 W 84th Street, Los Angeles, CA
$1,100,000
833 W 84th Street, Los Angeles, CA
About this property
Brand-New 21-Unit Affordable Housing Investment. Exceptional opportunity to acquire a newly constructed 21-unit affordable housing community in the rapidly growing South Los Angeles market. Situated in an undersupplied affordable housing market with strong occupancy fundamentals and long-term demand, the property offers both stable cash flow and appreciation potential. The property is expected to receive its Certificate of Occupancy prior to closing, allowing investors to acquire a stabilized, income-producing asset. Additionally, there is the potential to develop up to eight accessory dwelling units (ADUs) (buyer to investigate), providing a compelling value-add opportunity for future ownership. The financial information presented is based on pro forma projections and is provided for illustrative purposes only. Actual operating results may vary. Prospective buyers are encouraged to conduct their own independent investigation and verify all financial information.
Property details
Location
833 W 84th Street • Los Angeles, CA 90044
Listed by
Daniel Withers · Matthews Real Estate Investment Services