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.
Details
MLS #
25535293
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1958
Days On Site
18
Listing Provided By
Montecito Realty Co | Maesoa Darton
Features
SQ Feet
3,644
Story(s)
2
Zoning
LARD2
Acreage
0.15
Interior
Heating
Natural Gas
Heating Yes / No
Yes
Cooling Yes / No
No
Exterior
Roof
Fire Proof
Security Features
Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors, Window Bars
Construction Materials
Stucco
Lot Features
Front Yard, Near Public Transit
Utilities
Utilities
Electricity Available, Natural Gas Available
Electric
Standard
MLS Number: 25535293
Maesoa Darton – maesoa@aol.com
Montecito Realty Co – (323) 293-8217
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