1145 West 85th Street
$650,000
4
6
1,700
1,700
$382
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...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.
- Listed by Michelle Sferrino • DRE #01765833 • Brokerage DRE #02096423 • KASE Real Estate, Inc. • 310-650-2242
Property Details for 1145 West 85th Street
Parking Spaces Total
3
Private PoolNo
Cooling TypeN/K
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1700
Assessor Parcel Number6033-014-024
LISTING UPDATED: 11/19/2024 09:18 PM
Property Details for 1145 West 85th Street
Status | Active |
---|---|
MLS # | OC24183034 |
Days on Market | 100 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.13 AC / 5,575 SF |
County | Los Angeles County |
Building Information for 1145 West 85th Street
Stories2Residences-Year Built1950Building Size-Lot Size0.13 AC / 5,575 SF
Property Information for 1145 West 85th Street
Property History for 1145 West 85th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1145 West 85th Street
Taxable ValueLand$165,742Additions$90,398Total$256,140
Tax Record2024$3,447 ($287 / month)
Home Facts
Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtLot Size5,575 SqFtStyleTriplexYear Built1950ZoningLARD1.5CountyLOS ANGELESAPN6033-014-024
Schools near 1145 West 85th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Manchester Avenue Elementary School Public1 to 6 | ||
Mary Mcleod Bethune Middle School Public7 to 8 | ||
George Washington Preparatory High School Public9 to 12 | ||
Alliance Piera Barbaglia Shaheen Health Services Academy Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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