, Los Angeles, CA 90047

  • $1,850,000
, Los Angeles, CA 90047
Active
, Los Angeles, CA 90047
, Los Angeles, CA 90047
  • $1,850,000

Description

Welcome to 1533 W. 85th Street, an exceptional two-story, 6-unit multifamily building nested in the vibrant heart of LA. This property offers two(2) bedrooms/1 bath, three (1) bedrooms/1 bath units and a single/1 bath totaling approx. 3,644 sq ft of rentable space on a 6,733 sq ft. lot with 5 car garages, and a covered car space. as well as an on-site laundry facility. Each of these units is spacious and all with substantial upside potential. The property is conveniently located in close proximity to the renowned Sport and Entertainment Center. Sofi Stadium, and upcoming Los Angeles Clipper’s Stadium, etc., and easy access to major freeways and transportation. The building is 100% occupied and no units will be delivered vacant. All good tenants who pay on time, and would like to stay, if possible. Currently the monthly income is $9,493 including laundry income leaving a new owner/investor plenty of upside in rents upon turnover. The rents are calculated on scheduled income. Property is an As Is, Where Is sale, and seller gives no warranties expressed or implied.

  • Address
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Country US

Details

Updated on July 1, 2025 at 5:40 am
  • Property ID: 25535293
  • Price: $1,850,000
  • Property Size: 3644
  • Land Area: 0.1546 Acres
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Commercial Sale
  • Property Status: Active

Contact Information

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  • Hoyt Hochman