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An exceptional opportunity for investors or owner-occupants, this updated multifamily property offers two beautifully renovated homes on a generous 6,291 sq. ft. R3 lot in the heart of Los Angeles. Designed for modern living and future growth, this property is move-in ready with significant upgrades and income-generating potential. The first unit, located at 1216 E 84th Place, features 3 spacious bedrooms and 1 bathroom across 1,290 sq. ft. of living space. It boasts a bright and open floor plan with updated flooring, fresh paint inside and out, and a dedicated laundry room. Major upgrades completed in 2020 include new plumbing, electrical, roofing, and a tankless water heater, ensuring both modern comfort and long-term durability. The second unit, located at 1218 E 84th Place, is a 2-bedroom, 1-bathroom home spanning 854 sq. ft. Fully remodeled in 2020, it showcases a sleek, modern kitchen, updated plumbing and electrical systems, and central air conditioning for year-round comfort. This unit also includes an EV charging station and two dedicated parking spaces, offering added convenience for residents. Like the first unit, this home also features a tankless water heater, providing energy efficiency and continuous hot water. In 2020, the property’s cement was redone to create a smooth, inviting walkway that seamlessly connects the front home to the back unit. A detached garage with a new roof offers additional storage or the potential for conversion into an accessory dwelling unit (ADU), further increasing the property's income potential. The property is securely gated, offering privacy for both homes, and includes ample parking for residents and guests. Located in a prime Los Angeles neighborhood, this property is close to schools, shopping centers, and transportation hubs. It is perfect for investors seeking stable rental income or families looking for a flexible, multi-generational living arrangement. The R3 zoning and large lot size also present exciting possibilities for future development. Don’t miss your chance to own this versatile and income-producing property.
Property Type(s):
Residential Income
| Last Updated | 1/9/2025 | Year Built | 1956 |
|---|---|---|---|
| Community | Watts | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air, See Remarks |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Tankless Water Heater |
| AREA | Watts |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 6291 sq ft |
| LOT DESCRIPTION | Corner Lot, Desert Back, Front Yard, Lawn, Sprinkler System, Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Spanish |
| UTILITIES | Electric: 220 Volts |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LCR3YY |
Location
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Listed with eXp Realty of California, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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