New 2022 Non-Rent Controlled Triplex | Fully Leased | 6.72% Cap Rate Exceptional investment opportunity in Green Meadows, in Los Angeles. This new 2022 construction triplex is fully leased, non-rent controlled, and generating strong income from day one, making it an ideal acquisition for portfolio investors and 1031 exchange buyers alike. The property features 2 spacious 5-bed/3.5-bath units and 1, 3-bed/2.5-bath unit totaling 4833 sq ft of modern new construction. All 3 units are currently occupied with quality tenants, delivering a stabilized 6.72% cap rate with zero lease-up risk and no deferred maintenance. Updated systems and contemporary finishes throughout ensure long-term durability and tenant appeal. For 1031 exchange investors, this property checks every box, turnkey, fully occupied, and ready to close. New construction maximizes your depreciable basis, sheltering exchanged gains while providing a long runway of appreciation ahead. As a non-rent-controlled asset, owners retain full flexibility on future rental increases, a significant advantage in today's increasingly regulated LA rental market. Ideally located with a Walk Score of 76 and strong transit access, including Firestone Station just minutes away and LAX only 18 minutes out. Close proximity to major employment corridors, shopping, parks, and schools drives consistent tenant demand and low vacancy. Whether you're completing a 1031 exchange or looking for a fresh capital, or expanding your portfolio, this is the turnkey, cash-flowing, new construction asset serious investors don't pass up.

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Property Details of 1019 E 84th Place

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Listed by Shirin Aghamirkarimi of eXp Realty of California Inc (714-334-5599)

Based on information submitted to CRMLS as of July 16, 2026 7:24 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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