711 W 84th St, Los Angeles, CA 90044 - View 1
711 W 84th St, Los Angeles, CA 90044 - View 2
711 W 84th St, Los Angeles, CA 90044 - View 3

711 W 84th St, Los Angeles, CA 90044

List Price: $1,200,000On Market FlagOn market
Apr 10, 20252,270 sqft4 beds0 baths
Listed by: Obie Nwabuzor
License #: 02020522
Phone #: 310-200-4649
Pacific Playa Realty
Source:
CRMLS Logo
MLS #: 25522579

Property Description

Nestled in the heart of one of Los Angeles' most active development corridors, 711 W 84th Street offers an extraordinary opportunity for visionary investors and developers. Currently home to a three-unit property, this lot is deliverable vacant ready to be transformed into a high-impact, high-yield development. With sweeping eligibility under the City of Los Angeles' Tier 2 Transit-Oriented Communities (TOC) guidelines and the Adaptive Housing Incentive Program (AHIP), this site has the potential to host up to 43 affordable housing units. The future here is not just promising, it's powerful. This offering stands out thanks to a unique blend of development advantages. Notably, the site has no parking requirement, significantly reducing construction costs and increasing buildable density. In addition, a generous height allowance of up to 78 feet means developers can envision a mid-rise structure that maximizes both unit count and community impact. Perhaps most compelling is its location within an Opportunity Zone, opening the door for substantial tax incentives and long-term financial gains. Location is Everything. Strategically positioned, 711 W 84th Street boasts convenient access to major freeways, public transportation, and regional employment hubs making it a commuter's dream. Residents will benefit from proximity to schools, parks, shopping centers, and local cultural institutions. This neighborhood is undergoing rapid revitalization, further amplifying the long-term value of this property. The strong rental demand in the area for both affordable and market-rate units underscores the income-generating potential of any development here. In a city grappling with a housing shortage, 711 W 84th Street presents a rare and timely opportunity to be part of the solution while building long-term wealth. Whether you're seeking to break ground on a flagship affordable housing project, capitalize on zoning and incentive programs, or expand your portfolio with a high-performing multifamily asset, this site is an ideal canvas for transformative development. DRIVE BY ONLY AND SUBMIT YOUR OFFER! Email for OM. Currently a triplex collecting $2096 for 2 bed $1550 1 bed $1500 1 bed $5146
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$4,527

TurboHome Estimated Value

$750,900

$331 sqft

High Valuation
$788,445
$347/sqft
Normal Valuation
$750,900
$331/sqft
Low Valuation
$713,355
$314/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$331/sqft$750,900

Neighborhood: South Los Angeles

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Comparative Value

$525K

$810K

$1.20M

8932 Orchard Ave, Los Angeles, CA 90044

Sale Price: $525,000

Selected Comparable

3779 S Hobart Blvd, Los Angeles, CA 90018

Sale Price: $810,000

Selected Comparable

711 W 84th St, Los Angeles, CA 90044

List Price: $1,200,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
711 W 84th St, Los Angeles, CA 90044

711 W 84th St, Los Angeles, CA 90044

List: $1,200,000

Listed: 4/10/2025

Area:2,270 sqft
Price/sqft:$529
Beds:4
Baths:
Year Built:
Lot Size:6,200

Comparable Properties

COMPARABLE
Choose comps
3779 S Hobart Blvd, Los Angeles, CA 90018

3779 S Hobart Blvd, Los Angeles, CA 90018

Sale: $810,000

6/10/20254.04 mi

Area:1,873 sqft
Price/sqft:$432
Beds:4
Baths:
Year Built:
Weight:51.3%
8932 Orchard Ave, Los Angeles, CA 90044

8932 Orchard Ave, Los Angeles, CA 90044

Sale: $525,000

7/9/20250.48 mi

Area:1,890 sqft
Price/sqft:$278
Beds:5
Baths:
Year Built:
Weight:48.7%

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