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1145 85th Street
Los Angeles, CA 90044
Exceptional investment opportunity awaits at 1145 W 85th Street in the heart of Los Angeles! This triplex is ideally located just minutes from major sports and entertainment venues, including SoFi Stadium, the Kia Forum, and the Los Angeles Memorial Coliseum. Whether you're a savvy investor or looking for a property with rental income potential, this location offers prime accessibility to LA's booming entertainment district. The property features three units, each with its own unique layout, offering excellent income potential. While the units are in need of updating, this is a golden opportunity for those looking to renovate and add significant value. With some modern upgrades and personal touches, these units could command premium rental rates in this highly desirable area. The front house has 2 bedrooms and 1 bath, the second rear unit is a one bedroom one bath and the last unit is 1 bedroom 1 bath. The property also has potential to build an ADU in the back making this a 4 unit property! So many possibilities with this opportunity! This property is also in close proximity to the new college being built on Western Ave! Additional highlights include a spacious lot with plenty of on-site parking and easy access to public transportation, major freeways, shopping, dining, and entertainment. Don’t miss out on this rare chance to own a multi-unit property in one of LA's most exciting neighborhoods. Perfect for an investor or owner-occupier looking for rental income! This property has endless potential—come see for yourself! All UNITS ARE CURRENTLY OCCUPIED.
PROPERTY INFORMATION
| MLS # | OC24183034 | Lot Size | 5,575 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 650,000
Price Per SqFt: $ 382 |
DOM | 235 Days |
| Address | 1145 85th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,700 Sq. Ft. |
| Postal Code | 90044 | Garage | 3 |
| County | Los Angeles | Year Built | 1950 |
| Bed / Bath | 4 / 0 | Parking | 3 |
| Built In | 1950 | Status | Active |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Forced Air |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | 2 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $693
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/29/2024 | Price Change | $650,000 (-10.34%) |
| 09/11/2024 | Listed | $725,000 |
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Listing provided courtesy of Michelle Sferrino, KASE Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
