826 W 85th Street
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 9,047 sqft lot
- 1929 build
- – on site
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 CRMLS_CA / Arvione Chase / Circle Real Estate / 310-927-9100
Last checked:
Checking…
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Last updated Nov 16, 2024
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MLS# DW24235248 —
The Building
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Year Built:1929
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Year Built Source:Public Records
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New Construction:No
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Roof:Flat
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Entry Level:4
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Accessibility Features:Parking
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Common Walls:2+ Common Walls
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Building Area Total:4592.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Features:Balcony, Ceiling Fan(s)
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Entry Location:Front Gate
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Flooring:Carpet, Laminate
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Room Type:Family Room, Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Gas Dryer Hookup
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Laundry:1
Location
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Directions:Manchester to Hover and 85th St.
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Latitude:33.96091400
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Longitude:-118.28799800
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Turnkey, Updated/Remodeled
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre
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Lot Size Area:9047.0000
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Lot Size Acres:0.2077
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Lot Size SqFt:9047.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Fencing:Chain Link
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Fence:Yes
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Security Features:Automatic Gate, Smoke Detector(s), Window Bars
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Exclusions:Washers & Dryers are Excluded From Sale
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Road Frontage:Alley, City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2383.20
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Tax Tract:238...
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Tax Lot:104
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6032014009
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
The Community
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Senior Community:No
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Features:Sidewalks, Urban
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned, Auto Driveway Gate
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/15/24
Nov 15, 2024
|
Listed / Active | CRMLS_CA | $1,385,000 |