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1523 E 85th Street

Los Angeles, CA 90001

– beds
– baths
– sqft
7,794 sqft lot
1988 build
– on site

Prime 4-Unit Income Property – Great Potential! Seize this incredible investment opportunity with this 4-unit multifamily property, offering immediate rental income and strong future upside! Situated in a desirable neighborhood, this well-maintained property features four spacious units, each with consistent tenants, ensuring steady cash flow from day one. This property presents a great opportunity for investors looking to expand their portfolio with an asset that has both immediate returns and long-term appreciation potential. Whether you're seeking a buy-and-hold investment or a value-add renovation project, this income-generating property is a must-see! Don’t miss out!

Listed By CRMLS_CA / Mireya Lazaro / 3D Realty / 559-917-6756

Last checked: Checking… • Last updated Apr 11, 2025 •

MLS# FR25070225 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1988
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

3770.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Architectural Style:

Traditional
Roof:

Shingle
Stories Total:

1
Entry Level:

1
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Ceiling Fan(s)
Levels:

One, Two
Entry Location:

Front
Flooring:

Carpet, Laminate, Tile, Vinyl
Room Type:

All Bedrooms Down, Living Room
Laundry:

None

Location

Directions:

From Compton Ave. turn right onto E 85th St.
Latitude:

33.96149400
Longitude:

-118.24690900

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Repairs Cosmetic
Zoning:

LCR3*
Lot Features:

2-5 Units/Acre, Lot 10000-19999 Sqft
Lot Size Area:

7794.0000
Lot Size Acres:

0.1789
Lot Size SqFt:

7794.00
Lot Size Source:

Assessor
View:

None, Neighborhood
Fencing:

Average Condition, Chain Link, Fair Condition
Fence:

Yes
Security Features:

Gated with Attendant, Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

Alley, City Street
Road Surface Type:

Alley Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

D
Tax Census Tract:

5351.02
Tax Tract:

535...
Tax Lot:

24

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6028033021

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Range, Gas Water Heater, Water Heater
Included:

Yes

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

None, Buyer to Verify

Parking

Parking:

Yes
Parking:

Assigned, Carport, Detached Carport, Driveway, Garage Faces Rear
Parking Spaces:

4.00
Garage Spaces:

1.00
Carport Spaces:

3.00

Extra Units

Average 2 Bed Area:

850
Average 3 Bed Area:

1220

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/10/25 Apr 10, 2025	Listed / Active	CRMLS_CA	$1,050,000

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This multifamily located in South LA, Florence-Graham, CA 90001 is currently for sale for $1,050,000. 1523 E 85th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 6 days. 1523 E 85th Street is in the South LA neighborhood of Florence-Graham and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of Charles Drew Middle School, Russell Elementary School, and Mervyn M Dymally Senior High.

Listing Courtesy of: CRMLS_CA and 3D Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 00:03 on Apr 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.