826 West 85th Street
Description
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...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!
- Listed by Arvione Chase • DRE #02233262 • Brokerage DRE #02142871 • Circle Real Estate • 310-927-9100
- Listed by Christina Mercado • DRE #02074083 • Brokerage DRE #02142871 • Circle Real Estate
Property Details for 826 West 85th Street
Property Details for 826 West 85th Street
| Status | Active |
|---|---|
| MLS # | DW24235248 |
| Days on Market | 35 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1929 |
| Lot Size | 0.21 AC / 9,047 SF |
| County | Los Angeles County |
Building Information for 826 West 85th Street
Property Information for 826 West 85th Street
- Gross Income: $12,208
- Gross Scheduled Income: $7,422
- Net Operating Income: $7,422
- Operating Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Total Expenses: $13,680
- Tax Tract Number: 238...
- Tax Census Tract: 2383.20
- CFD/Mello-Roos Fee: $764
- Tax Lot: 104
- Accessibility Features: Parking
- Disability Access: Other Main Level Modifications
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks, Urban
- Interior Features: Balcony, Ceiling Fan(s)
- Room Type: Family Room, Kitchen, Living Room
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Flooring: Carpet, Laminate
- Security Features: Automatic Gate, Smoke Detector(s), Window Bars
- Security: Automatic Gate, Security Bars
- Roof: Flat
- Entry Location: Front Gate
- Fence: Yes
- Fence: Chain Link
- Fencing: Chain Link
- Property Condition: Turnkey, Updated/Remodeled
- View Description: City Lights
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: Alley, City Street
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Electric: Standard
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Assigned, Auto Driveway Gate
- Uncovered Spaces: 6
- Open Other Spaces Total: 6
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Assigned, Auto Driveway Gate
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,052
- Unit Type Total Rent: $3,052
- Unit Type Pro Forma: 3052
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,560
- Unit Type Total Rent: $1,560
- Unit Type Pro Forma: 3052
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,560
- Unit Type Total Rent: $1,560
- Unit Type Pro Forma: 3052
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,250
- Unit Type Total Rent: $1,250
- Unit Type Pro Forma: 3052
- Unit Type Type: 4
- Number Of Units Leased: 4
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
- Number With Dishwasher: 0
- Number With Range: 0
- Number With Refrigerator: 0
- Number Wall AC: 0
Property History for 826 West 85th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 826 West 85th Street
Schools near 826 West 85th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 1 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Manchester Avenue Elementary School Public1 to 6 | ||
Mary Mcleod Bethune Middle School Public7 to 8 | ||
Youth Opportunities Unlimited School Public9 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Circle Real Estate, Arvione Chase, DRE #02233262; Circle Real Estate, Christina Mercado, DRE #02074083
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.