1144 W 85th Street

Los Angeles, CA 90044 View Map $649,000 Schedule a Tour
Acres0.13
Year1928
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Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:SB20063178
Lot Size:0.13 Acres
County:Los Angeles
Perfect Three unit setup for an investor or live in one and rent the other two as an owner-occupant.
The front two units are each 2 bedrooms, 1 bath, while the rear house is 1 bedroom, 1 bath. All three units have great layouts, with great ample space, plenty of closet space in all the bedrooms, and each unit has washer and dry hookups inside.
The lot is zoned LAR4, the possibility to build another FOURTH UNIT makes this such a great investment. The back yard can be used for parking, but don't forget the long driveway which provides plenty of parking for the tenants, the back unit also has a private storage shed attached.
Units are located Close to so many up and coming areas - 5.4 miles from USC, 5.0 miles from LAFC Banc of California Stadium, close to downtown LA, close to the beach cities, 2.8 miles from the new NFL Rams/Chargers stadium in Inglewood and now also possibly a new clippers stadium with The Forum that just sold to the Clippers owner for $400 Million for his new clippers stadium location, with so many more nearby developments that are up and coming. With the property not needing much but maybe a little TLC with paint and carpet to make a huge difference in each unit. The area is hot, and the future looks bright for Los Angeles, you don't want to miss out on so much potential!

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$000 Monthly Payment
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Community Information

Address:1144 W 85th Street Los Angeles, CA 90044
Zip Code:90044

Architecture

Year Built:1928
Total Units: 3
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,200 actual rent•$1,200 total rent•$2,200 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,300 actual rent•$1,300 total rent•$2,200 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,080 actual rent•$1,080 total rent•$1,400 pro forma
Parking: Driveway

Features / Amenities

Common Walls: 1 Common Wall

Property Features

Lot Size: 0.13 Acres / 5583 Sq. Ft.
Lot Features: Lawn
Lot Number: 97
Sewer: Unknown
Water: Public
Zoning:LAR4
Directions:Between Normandie and Vermont

Tax and Financial Info

Land Lease: No
Water / Sewer Expense: 1500.00
Total Expenses: 2500.00
Gross Annual Income: 42000.00

Schools

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1144 W 85th Street Los Angeles, CA 90044
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1144 W 85th Street Los Angeles, CA 90044
 
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Listing provided courtesy of Eddie Magana, RE/MAX Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of April 3, 2020. 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. IDX provided by Sierra Interactive.