#RS25004640, Gina Durham, Listing Office: Brown House Realty
$10,000
closing credit¹
826 W 85th St Los Angeles, CA 90044
Property details
About 826 W 85th St
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!
Highlights
Summary
- MLS Number: DW24235248
- MLS Name: CRMLS
- Office Name: Circle Real Estate
- Office Phone: (310) 927-9100
- Listing Agent: Arvione Chase
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.
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Last updated on: 2/13/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,385,000
826 W 85th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 24, 2014 | Home Sold | $579,000 |
May 21, 2010 | Home Sold | $330,000 |
Feb 09, 2004 | Home Sold | $410,000 |
Aug 24, 1998 | Home Sold | $200,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $682,739 | $8,951 |
2023 | $669,363 | $8,792 |
2022 | $656,249 | $8,408 |
2021 | $643,393 | $8,283 |
2020 | $636,283 | $8,048 |
2019 | $623,807 | $7,851 |
2018 | $611,576 | $7,690 |
2017 | $599,585 | $7,690 |
History based on county public records data.
Nearby schools
6
Manchester Elementary School
Public District 1-6
0.2 mi
•661 W 87th St
6
Kipp Empower Academy
Public Charter KG-4
0.3 mi
•8466 S Figueroa St
4
Loren Miller Elementary School
Public District KG-6
0.6 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 $25,500. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 826 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 November 16, 2024 and is currently priced at $1,385,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.