857 West 85th Street

Los Angeles, CA 90044

$699,500
Price
6
Beds
4
Baths
2,516 Sq. Ft.
$278 / Sq. Ft.
2,516
Sq. Ft.
$278
per Sq. Ft.

Description

Exceptional Investment Opportunity! Don't miss this rare, fully-occupied triplex on a generous 9,115 sq. ft. lot in a sought-after, high-demand rental area, just minutes from the Forum and SoFi Stadium. With the Clippers' new arena currently under construction nearby, this property is perfectly positioned for future growth! Property is being sold as-is, with buyers advised to independently verify all information. Act fast this incredible opportunity won't last!Exceptional Investment Opportunity! Don't miss this rare, fully-occupied triplex on a generous 9,115 sq. ft. lot in a sought-after, high-demand rental area, just minutes from the Forum and SoFi Stadium. With the Clippers' new arena currently under construction nearby, this property is perfectly positioned for future growth! Property is being sold as-is, with buyers advised to independently verify all information. Act fast this incredible opportunity won't last!
  1. Listed by John C. Pak • DRE #01898649 • Brokerage DRE #01417948 • Philco Realty

Property Details for 857 West 85th Street

Zoning
LAR4
Parcel Number
6032011031
Total Units
3.0
Living Area
2516
Source Living Area
Vendor Enhanced
Area
Metropolitan Southwest (C36)
Vacancy Rate
0
Lot Size Area
9115
LISTING UPDATED: 01/21/2025 09:59 AM

Property Details for 857 West 85th Street

StatusActive
MLS #24-460579
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.21 AC / 9,115 SF
CountyLos Angeles County

Building Information for 857 West 85th Street

Stories1Residences-Year Built1926Building Size-Lot Size0.21 AC / 9,115 SF

Property Information for 857 West 85th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 3 Units
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2092
  • Lot Size Square Feet: 9115
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-05-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,782.00
  • Unit Actual Rent: $1,782.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,051.00
  • Unit Actual Rent: $1,051.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $886.00
  • Unit Actual Rent: $886.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $265,200.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $397,800.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $663,000.00

Property History for 857 West 85th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 857 West 85th Street

Taxable ValueLand$413,871Additions$276,114Total$689,985
Tax Record2024$8,839 ($737 / month)
Home Facts
Total Finished SqFt2,516 SqFtAbove Grade Finished SqFt2,516 SqFtLot Size9,115 SqFtStyleTriplexYear Built1926ZoningLAR4CountyLOS ANGELESAPN6032-011-031

Schools near 857 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
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.

Similar Homes

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857 West 85th Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on November 5, 2024 by Philco Realty, it's currently listed at $699,500. It has been on the market for a total of 86 days and was last sold on November 18, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Manchester Avenue Elementary School, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 857 West 85th Street is a 6-bed, 4-bath, 2,516 sqft multi-family home built in 1926.

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 Philco Realty, John C. Pak, DRE #01898649

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.