1144 W 85TH STREET, LOS ANGELES, CA 90044

  • 2,070 sqft
  • Lot Size: 5,583 sqft
  • Built in 1928
  • MLS #SB20063178
For Sale $619,000

Description

Perfect Three unit setup for an investor or live in one and rent the other two as an owner-occupant. The front two units have just been FRESHLY PAINTED are each 2 bedrooms, 1 bath, while the rear unit is 1 bedroom, 1 bath. All three units have great layouts, with ample space, plenty of closet space in all the bedrooms, and each unit has washer and dry hookups inside. Owner takes home in pocket $1,600 a month, after paying mortgage & Bills, still LOTS of potential for rent to be raised with gentrification happening around Los Angeles. The lot is zoned LAR4, the possibility to build another FOURTH UNIT makes this such a great investment. The back yard can be used for parking but don't forget the long driveway which provides plenty of parking for the tenants, the back unit also has private storage shed attached. Units are located Close to so many up and coming areas - 5.4 miles from USC, 5.0 miles from LAFC Banc of California Stadium, close to downtown LA, close to the beach cities, 2.8 miles from the new NFL Rams/Chargers stadium in Inglewood, and now the APPROVED new clippers stadium with The Forum selling to the Clippers owner for $400 Million for his new clippers stadium location, with so many more nearby developments that are up and coming. With the property not needing much but maybe a little TLC with paint and carpet to make a huge difference in each unit. The area is hot, and the future looks bright for Los Angeles, you don't want to miss out on so much potential!

FACTS / FEATURES

  • Built in 1928
  • Lot Size: 5,583 sqft

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Listing Provided by Eddie Magana, Re/Max Estate Properties
Based on information from California Regional Multiple Listing Service, Inc. as of January 18, 2021. 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.