142 E 84th St, Los Angeles, CA 90003
FOR SALE

142 E 84th St
Los Angeles, CA 90003

Southeast Los Angeles
  • 12 Beds
  • 12 Baths
  • 5,890 sqft

$2,800,000

Est. Mortgage $16,766/mo*
Get Pre-Qualified

$2,800,000

Est. Mortgage $16,766/mo*
Get Pre-Qualified
12 Beds
12 Baths
5,890 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

We are pleased to present 142 East 84th Street, a brandnew,12-unit 100% affordable multifamily asset located in South Los Angeles, offered at $2,800,000 ($233,333/unit | $475/SF). Being brought out to market vacant, the property consists entirely of one-bedroom/one-bath units across three stories on a 5,199 SF lot and requires no deferred maintenance or capital investment. The asset is subject to a recorded Rental Covenant Agreement Running with the Land administered by the Los Angeles Housing Department under the City's TOC Tier 2 Affordable Housing Incentive Program, restricting all 12 units as deed-restricted affordable for a 55-yearterm from Certificate of Occupancy. The covenant structure functions a s along-term, government-supported income guarantee, delivering a current caprate of 7.69% and NOI of $215,402, with a pro forma cap rate of 8.45% and NOI of $236,651 as rents adjust to prevailing AMI levels. The covenant is fully assumable and transferable, with a straightforward LAHD assignment process required at close of escrow. The property is ideally situated within the 90003 zip code of South Los Angeles, a densely populated and fundamentally supply-constrained submarket. With over64,000 residents within one mile, an average household size of 3.6 persons, and a renter-occupied housing rate exceeding 74% within a three-mile radius, the submarket presents persistent and deep demand for quality affordable housing. The surrounding area benefits from proximity to major employment centers including SpaceX, Nike, LADWP, Charles R. Drew University of Medicine, and the broader LA Metro network, driving a stable and consistent renter base across economic cycles. Median household income within one mile is approximately$51,000; well within the qualifying thresholds for Low Income restricted tenancy and further supporting strong occupancy fundamentals. For impact investors, CDFIs, affordable housing operators, and mission-aligned capital seeking predictable, low-volatility income with 55-year hold certainty, 142 East 84th Street represents a rare, turnkey opportunity into Los Angeles's regulated affordable housing market at a competitive basis relative to comparable new-construction product trading in the immediate submarket.

Home Highlights

Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
$475
Listed
14 days ago

Home Details for 142 E 84th St

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 12
Dimensions and Layout
Living Area: 5890 Square Feet
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or More

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Open

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 6030013011

Price & Status

Price
List Price: $2,800,000Price Per Sqft: $475

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 26843201

Building

Building Area
Building Area: 5890 Square Feet

Lot Information

Lot Area: 5196.708 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 26843201
Last check for updates: about 5 hours ago
Listing courtesy of Neema Ahadian DRE # 01346750, (213) 797-2290
Marcus & Millichap, (310) 909-5500
Source: CLAW, MLS#26843201
Also Listed on CRMLS.

Market trends in Southeast Los Angeles

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$630K
$1.83KMoM
Sale-to-List Price
100.4%
Price per sq ft
$569
$11MoM
Available listings
130
5MoM

Price History for 142 E 84th St

DatePriceEventSource
06/04/2026$2,800,000Listed For SaleCLAW #26843201
03/17/2023$430,000Sold
N/A
02/22/2023$400,000PendingCLAW #23-241101
02/13/2023$400,000Listed For SaleCLAW #23-241101

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Property Tax and Assessment

Year2025
Tax$5,545
Assessment$447,371
Home facts updated by county records

Comparable Sales for 142 E 84th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
212 W 84th St, Los Angeles, CA
0.24
Multi-Family Home
$875,000
01/22/26
8
7
3,952
8110 S San Pedro St, Los Angeles, CA
0.26
Multi-Family Home
$1,295,000
04/29/26
10
7
3,752
7906 S San Pedro St, Los Angeles, CA
0.36
Multi-Family Home
$925,000
11/25/25
12
6
3,636
259 E 84th Pl, Los Angeles, CA
0.15
Multi-Family Home
$725,000
09/24/25
7
3
2,805
250 E 81st St, Los Angeles, CA
0.28
Multi-Family Home
$700,000
11/10/25
5
5
3,884
213 E 87th Pl, Los Angeles, CA
0.30
Multi-Family Home
$739,000
05/13/26
8
4
2,723
7811 S San Pedro St, Los Angeles, CA
0.43
Multi-Family Home
$1,550,000
11/03/25
15
6
4,712
146 E 83rd St, Los Angeles, CA
0.06
Multi-Family Home
$760,000
03/12/26
6
2
1,800
413 E 81st St, Los Angeles, CA
0.39
Multi-Family Home
$895,000
07/28/25
7
6
2,304
158 E 85th St, Los Angeles, CA
0.12
Multi-Family Home
$825,000
06/15/26
6
3
1,453

Nearby homes

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Assigned Schools

These are the assigned schools for 142 E 84th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southeast Los Angeles
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Los Angeles

At least 1446 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 64 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 52 % Say it's dog friendly

  • 51 % Say kids play outside

  • 50 % Say streets are well-lit

  • 48 % Say it's walkable to restaurants

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 34 % Say it's quiet

  • 27 % Say people would walk alone at night

  • 25 % Say there are community events

  • 25 % Say parking is easy

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jaykaysunday31
    "It is a crime area but not high crime neighbors respect each other we can walk our dogs freely just please pick up after your animals"
    0
    Flag
  • Esmee.zaratee94
    "It’s okay don’t like how there’s rarely no parking. Some streets are to small but I like how there’s parks around and lots of stores. "
    0
    Flag
  • Trulia User
    "Lots of diversity among people all work together on other neighborhood apps to locate missing pets and help contribute to an overall sense of safety that is hard to achieve especially around the Florence -graham area"
    1
    Flag
  • Jaykaysunday31
    "I have lived here for years. I walk around here freely and I always feel safe. The markets carry fresh fruits and veggies as well as the people are always friendly"
    1
    Flag
  • Ari Casanova
    "Nothing! It’s crowded, people going homeless and no official makes a different. People are aware of the area. "
    0
    Flag
  • Arreolamariae
    "Not much of events around the are, to much homeless rv park around the area. To much trash around homeless. Looks so dirty "
    0
    Flag
  • Calebsanchez87
    "There’s definitely Long side walks and a decent amount of large parks Maybe not the safest though and stray dogs around"
    0
    Flag
  • Kandice Speedracer Weaver
    "Parks After Dark are my most favorite events I usually attend them with my son because it feels safe. I also take my nieces and nephews because they enjoy the events as well."
    0
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    5
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    2
    Flag
  • Trulia User
    "Dog owners in this area who not lol or here because no one picks up after their dogs it’s all over the side walks in the bushes along with all the trash and dirt "
    3
    Flag
  • Trulia User
    "People would get their Dogs stolen. Do not move here. It's not safe. Do not recommend at all. Move in at your own Risk. We are movinv away! "
    1
    Flag
  • Trulia User
    "I been living here all my life and it always great to meet new people and be friendly with everyone around you no matter who you are there’s always a way to communicate with each other’s "
    0
    Flag
  • Trulia User
    "if you can don't live here want to move out of here badly just everything so expensive so if you can trust me stay as far as possible from south LA aka the jungle "
    1
    Flag
  • Trulia User
    "safety in the neighborhood and what kind of predetadors to watch it for I think that's one of the most things important to know about child safety is our risk arr they any parks nearby or schools libraries "
    2
    Flag
  • Trulia User
    "The events for kids in the evenings in the weekends. They are pretty great to entertain family and have kids out of trouble. Amazing activities."
    2
    Flag
  • Trulia User
    "There is a train around the corner and multiple bus routes, traveling to downtown is only 6 stops away "
    1
    Flag
  • Trulia User
    "Stray dogs and cats all over the place. Litter and homeless people all over the place. Not a safe place to take a dog on a walk UNLESS it’s a certified guard dog "
    1
    Flag
  • Trulia User
    "It’s actually good in the neighborhood but I wished there were more busses since it gets busy during the mornings "
    1
    Flag
  • Trulia User
    "been living here 26 years in my house no problem I walk in area for excriseing it cool iam older woman "
    9
    Flag
  • Trulia User
    "yes I see people walking yes I say hi to them yes they say hi to me everybody feels comfortable with each other all is good"
    0
    Flag
  • Trulia User
    "I drive sometimes catch that bus or train walk depending on weather time and traffic or distance of my destination "
    0
    Flag
  • Trulia User
    "It has its own culture, tagging on the wall, people are always playing music, it is a lively community "
    7
    Flag
  • Trulia User
    "A very nice neighborhood to live and bring up a family the center of LA you can go anywhere because the 110 & 10 are close and get get anywhere else in minutes "
    0
    Flag
  • Trulia User
    "Unfortunately, there are no community events that are taking place in or near this neighborhood. "
    0
    Flag
  • Trulia User
    "Everything is bad here freeways people neighborhood is not clean…..is not safe not nice Can even walk ."
    0
    Flag
  • Trulia User
    "I’ve grown up here. It’s a nice place. A little rough around the edges sometimes but an alright place to settle. "
    4
    Flag
  • Trulia User
    "be kind but please be safe, keep tabs on your children and pets, its not very safe here past dark "
    0
    Flag
  • Trulia User
    "Everyone knows each other or atleast knows who’s who. People are mostly friendly but lots of gang activities."
    2
    Flag
  • Trulia User
    "None, people are bitter with each other. Neighbors cause a lot of issues. It’s very dirty and there is a lot of homeless people walking around. Gang activity is also a big problem "
    0
    Flag
  • Trulia User
    "Have lived here for 4 years, the neighborhood has been good to us. Schools a good. It’s safe for families to walk in the parks"
    0
    Flag
  • Trulia User
    "We have Bloc parties and flea markets every weekend and a very family oriented neighborhood Close to everything if you choose to drive or take public transportation"
    0
    Flag
  • Trulia User
    "Its not always safe but many people who live around are careful of things. Gives few liberties but need a bit of enforcement in some parts. "
    1
    Flag
  • Trulia User
    "Nice city to live, people are genuinely and kind. Stors and transportation available. Schools for kids "
    0
    Flag
  • Trulia User
    "Full of prostitution and drug sales , this area is not good area to live or raise a family cause is not safe "
    0
    Flag
  • Trulia User
    "Been here for 22 years. For me the only perk to living in a urban area such as this is cheap rent & bargain stores that’s it!"
    1
    Flag
  • Trulia User
    "Not a great neighborhood to raise children! Parks aren't used just for kids, but for crackheads and people that have nothing better to do. Too many homeless. Doesn't feel safe to walk around the neighborhood. "
    0
    Flag
  • Catherine A.
    "It’s peaceful and I enjoy bing in this area there are things hay could be better but over all it’s a nice neighborhood can’t complain at all . "
    1
    Flag
  • Rakia C.
    "it’s a nice place to grow up especially when you know a lot of people it sorta becomes your other family & some of the parks are really nice"
    2
    Flag
  • Bryanorlandoelias
    "It’s safe for kids if you limit them to not going outside after dark. It’s south central what do you expect "
    3
    Flag

LGBTQ Local Legal Protections

Neema Ahadian, Marcus & Millichap, (310) 909-5500
Agent Phone: (213) 797-2290
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-06-19 06:04:59 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
142 E 84th St, Los Angeles, CA 90003 is a 12 bedroom, 12 bathroom, 5,890 sqft multi-family built in 2026. 142 E 84th St is located in Southeast Los Angeles, Los Angeles. This property is currently available for sale and was listed by CLAW on Jun 4, 2026. The MLS # for this home is MLS# 26843201.