1523 E 85th St Los Angeles, CA 90001
Property details
About 1523 E 85th St
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!
Highlights
Summary
- Fireplace: None
- Total Bedroom Count: 9
- Parking: Carport, Covered
- Heating: Floor Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $1,050,000
- Price/SqFt: $278
- Annual Tax Amount: $9,197
- Tax Year: 2024
- Directions: From Compton Ave. turn right onto E 85th St.
- Year Built: 1988
- Stories: 2
- Living Area: 3,770 SqFt
- Lot Size: 0.1779 Acres
- MLS Number: 628417
- MLS Name: Fresno Multiple Listing System
- Office Name: 3D Realty
- Office Phone: (559) 224-7867
- Office Email: info@3drealtycv.com
- Listing Agent: Mireya Lazaro
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.
Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 5:45:32 AM 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
$1,050,000
1523 E 85th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 05, 2014 | Home Sold | $490,000 |
| Jan 27, 2003 | Home Sold | $345,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $577,349 | $9,197 |
| 2023 | $566,030 | $8,717 |
| 2022 | $554,932 | $8,356 |
| 2021 | $544,052 | $8,251 |
| 2020 | $538,474 | $8,020 |
| 2019 | $527,917 | $7,852 |
| 2018 | $517,567 | $7,708 |
| 2017 | $507,420 | $7,708 |
History based on county public records data.
Nearby schools
5
Russell Elementary School
Public District PK-6
0.3 mi
•1263 Firestone Blvd
5
Judith F. Baca Arts Academy
Public District KG-6
0.4 mi
•1536 E 89th St
5
Graham Elementary STEAM Academy
Public District KG-6
0.5 mi
•8407 S Fir Ave
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 $31,632. Residents of Los Angeles, CA typically earn less than $<35k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Frequently asked questions
About 1523 E 85th St
The listing price of 1523 E 85th St property is $1,050,000.
The property 1523 E 85th St is a multi located in Los Angeles, California, 90001.
Active Listing: 1523 E 85th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1523 E 85th St are: Russell Elementary School (GreatSchools Rating 5/10), Judith F. Baca Arts Academy (GreatSchools Rating 5/10), Graham Elementary STEAM Academy (GreatSchools Rating 5/10), Drew Middle School (GreatSchools Rating 2/10), Animo Florence-Firestone Charter Middle School (GreatSchools Rating 6/10), Kipp Philosophers Academy (GreatSchools Rating 3/10), University Pathways Public Service Academy (GreatSchools Rating 4/10), Animo Pat Brown (GreatSchools Rating 6/10), Alliance Margaret M. Bloomfield Technology Academy High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $9,197 (source: MLS/based on county public records data).
The last sale was on December 5, 2014 for $490,000 (source: MLS/tax record).
The property 1523 E 85th St is 3,770 SqFt (source: MLS/tax record).
The year of construction for 1523 E 85th St is 1988.
This home is located at 1523 E 85th St in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 3,770 square foot home, which was built in 1988, sits on a 0.18 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $1,050,000.
In May 2025, from all listings sold in Los Angeles, CA there were more than 325 sold above asking price, over 319 sold below and more than 134 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between April and May 2025 increased by 8.7%. While the average time on the market in May 2025 was 34 days, the median list price was $871,794.