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
Property Details
Price:
$1,200,000
MLS #:
25522579
Status:
Active
Baths:
0
Address:
711 W 84th Street 6032019025
Type:
Land
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
90044
Lot Size:
6,200 sqft / 0.14 acres (approx)
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- Address711 W 84th Street 6032019025 Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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711 W 84th Street 6032019025
Los Angeles, CA
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