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Active
$1,385,000($899,397 down)$2,879 /mo

826 W 85th Street, Los Angeles, CA 90044

N/A Bed ·N/A Bath ·N/A Sqft
PITI Monthly
$4,537.52 /mo

Listing courtesy of: Arvione Chase, Circle Real Estate

Assumed Rate

4.05%
7.52%

Principal & Interest

$2,879 /mo
$4,199 /mo

What's Special

INVESTORS
LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
RENOVATED
PUBLIC TRANSPORTATION
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

Prime Investment Opportunity in Los Angeles – Renovated Quadplex with Strong Rental Income Potential Presenting an exceptional opportunity for investors and developers in one of Los Angeles' most sought-after neighborhoods. This meticulously renovated quadplex offers a solid income stream with modernized units, enhanced by a prime location that provides significant upside potential for future growth. Maximum Rental Income Potential, with its modern finishes, spacious layouts, and high demand for quality rental units in the area, this quadplex is poised to deliver excellent rental returns. The property is positioned to attract a wide range of tenants, from professionals to families, all seeking the vibrant lifestyle that Los Angeles has to offer. The property is zoned for up to 10 additional units, offering an incredible opportunity for expansion and future development. Whether you’re looking to maximize your investment by adding more rental units or looking for a long-term play in a growing market, this zoning provides the flexibility to increase density and capitalize on the property’s prime location. With ample parking for tenants, this property caters to the needs of today’s renters, many of whom rely on vehicles. The parking area ensures Nestled in a vibrant neighborhood of Los Angeles, the property offers easy access to major freeways, public transportation, shopping centers, dining, and entertainment venues. This prime location ensures high demand for rental properties, making it a perfect addition to your real estate portfolio. Additional Features: Large Lot with Expansion Potential Newer Roof and Systems Well-Maintained Common Areas Minutes from Downtown LA, Hollywood, and Westside Whether you're an investor seeking immediate cash flow or a developer looking to capitalize on future growth, this renovated quadplex offers the ideal combination of stability, upside potential, and location. Don’t miss out on this unique opportunity to own a piece of Los Angeles real estate with enormous potential! For more information or to schedule a private showing, contact us today!

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Flat
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Quadruplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Flat
Condition
  • Year Built: 1929
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,385,000
  • Tax Annual Amount: $17312.5
  • On Market Date: 2024-11-15T00:00:00.000Z

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MLS ID: DW24235248

Listing From:

Last updated: 2024-12-05T05:15:34.000Z

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Assumed Rate

4.05%
7.52%

Principal & Interest

$2,879 /mo
$4,199 /mo
equal-housing

UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.