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: 5/28/2025, 6:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,050,000
1523 E 85th St
$10,000
closing credit¹
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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. The majority of Los Angeles, CA residents have income less than $<35k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
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
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.
Los Angeles, CA housing market in April 2025 saw over 395 listings sold above listed price, more than 148 sold at listed price and over 328 sold below. Between March and April 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.2%. In April 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $896,516.