$8,311 Closing Credit¹
#SR24135148, Bulmaro Jarquin, Listing Office: Oax Realty Inc.
#OC24183034·
Listing Office: KASE Real Estate, Inc.·
Listing Agent: Michelle Sferrino·
Listing Office Phone: 310-650-2242
$650,000 List price
1145 W 85th St Los Angeles, CA 90044
$7,719
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1145 W 85th St
Exceptional investment opportunity awaits at 1145 W 85th Street in the heart of Los Angeles! This triplex is ideally located just minutes from major sports and entertainment venues, including SoFi Stadium, the Kia Forum, and the Los Angeles Memorial Coliseum. Whether you're a savvy investor or looking for a property with rental income potential, this location offers prime accessibility to LA's booming entertainment district. The property features three units, each with its own unique layout, offering excellent income potential. While the units are in need of updating, this is a golden opportunity for those looking to renovate and add significant value. With some modern upgrades and personal touches, these units could command premium rental rates in this highly desirable area. The front house has 2 bedrooms and 1 bath, the second rear unit is a one bedroom one bath and the last unit is 1 bedroom 1 bath. The property also has potential to build an ADU in the back making this a 4 unit property! So many possibilities with this opportunity! This property is also in close proximity to the new college being built on Western Ave! Additional highlights include a spacious lot with plenty of on-site parking and easy access to public transportation, major freeways, shopping, dining, and entertainment. Don’t miss out on this rare chance to own a multi-unit property in one of LA's most exciting neighborhoods. Perfect for an investor or owner-occupier looking for rental income! This property has endless potential—come see for yourself! All UNITS ARE CURRENTLY OCCUPIED.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
Lot size0.128 Acres
Year built1950
MLS #OC24183034
Garage3 spaces
Summary
- MLS Number: OC24183034
- MLS Name: CRMLS
- Office Name: KASE Real Estate, Inc.
- Office Phone: (310) 650-2242
- Listing Agent: Michelle Sferrino
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$650,000
1145 W 85th St
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 30, 1999 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $256,140 | $3,446 |
| 2023 | $251,119 | $3,389 |
| 2022 | $246,196 | $3,246 |
| 2021 | $241,370 | $3,197 |
| 2020 | $238,896 | $3,109 |
| 2019 | $234,212 | $3,017 |
| 2018 | $229,621 | $2,956 |
| 2017 | $225,119 | $2,956 |
History based on county public records data.
Nearby schools
6
Manchester Elementary School
Public District 1-6
0.6 mi
•661 W 87th St
3
La Salle Avenue School
Public District KG-5
0.6 mi
•8715 La Salle Ave
4
Loren Miller Elementary School
Public District KG-6
0.7 mi
•830 W 77th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,150. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
50%
<35k
37%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
White Castle
Jack In The Box
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$8,443 Closing Credit¹
#CV25001725, Manuel Agosto, Listing Office: CASA CENTRAL REALTY
$8,491 Closing Credit¹
#DW24204789, Anthony Acevedo, Listing Office: 1Vision Real Estate
Backup offers
$8,657 Closing Credit¹
#PW24250110, Maria Olmos, Listing Office: Y Realty
$8,669 Closing Credit¹
#TR24055232, Hilda Valenzuela, Listing Office: Century Commercial RE Services
Backup offers
$8,906 Closing Credit¹
#PW24220518, Anthony Rosillo, Listing Office: Irongate Real Estate
$8,906 Closing Credit¹
#PW24212335, Anthony Rosillo, Listing Office: Irongate Real Estate
$9,559 Closing Credit¹
#SB25023312, Marlon Dorsey, Listing Office: MWD * Associates
New - 8 hours on Rocket
$9,916 Closing Credit¹
#SR25043713, Jose Escamilla, Listing Office: JP Realty & Associates
$9,963 Closing Credit¹
#RS25038516, Vibhor Vineet, Listing Office: Nanda Realty Inc.
This home is located at 1145 W 85th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $650,000.
In February 2025 more than 212 listings in Los Angeles, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.