CA > Los Angeles
Los Angeles, CA 90047,Address not disclosed
$1,850,000
Est. payment /mo
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6,734 Sqft Lot
New

Address not disclosed Los Angeles, CA 90047

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25535293

HOA Y/N No

Year Built 1958

Lot Size 6,734 Sqft

Property Description

Welcome to 1533 W. 85th Street, an exceptional two-story, 6-unit multifamily building nested in the vibrant heart of LA. This property offers two(2) bedrooms/1 bath, three (1) bedrooms/1 bath units and a single/1 bath totaling approx. 3,644 sq ft of rentable space on a 6,733 sq ft. lot with 5 car garages, and a covered car space. as well as an on-site laundry facility. Each of these units is spacious and all with substantial upside potential. The property is conveniently located in close proximity to the renowned Sport and Entertainment Center. Sofi Stadium, and upcoming Los Angeles Clipper's Stadium, etc., and easy access to major freeways and transportation. The building is 100% occupied and no units will be delivered vacant. All good tenants who pay on time, and would like to stay, if possible. Currently the monthly income is $9,493 including laundry income leaving a new owner/investor plenty of upside in rents upon turnover. The rents are calculated on scheduled income. Property is an As Is, Where Is sale, and seller gives no warranties expressed or implied.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Heating Natural Gas

Fireplace No

Laundry Laundry Room, Outside

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Fire Proof

Total Parking Spaces 6

Building

Lot Description Front Yard, Near Public Transit

Story 2

Others

Tax ID 6034027021

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s),Window Bars

Financing Cash,Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Maesoa Darton Montecito Realty Co

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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