Los Angeles, CA 90044,1145 W 85th ST
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Los Angeles, CA 90044,1145 W 85th ST
Los Angeles, CA 90044,1145 W 85th ST
Los Angeles, CA 90044,1145 W 85th ST
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$ 650,000
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1145 W 85th ST Los Angeles, CA 90044

5,575 Sqft Lot


UPDATED:

12/05/2024 05:26 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24183034

HOA Y/N No

Year Built 1950

Lot Size 5,575 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD1.5

Interior

Heating Forced Air

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description Level

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6033014024

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Michelle Sferrino • KASE Real Estate, Inc. • 310-650-2242

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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1145 W 85th ST