$1,850,000

1533 W 85th Street, Los Angeles, CA 90047

  • 3,644 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $508/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Date Added:
June 30, 2025 at 05:00AM
Listing Office:
Montecito Realty Co : 323-293-8217
Listing Agent:
Maesoa Darton : 323-293-8217
MLS ID:
CL25535293
  • Heating: Natural Gas
  • General: Stucco
  • County: Los Angeles
  • Zoning: LARD6034027021
  • Utilities: Other

This listing courtesy of Maesoa Darton, Montecito Realty Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Salle Avenue School

8715 La Salle Ave, Los Angeles, CA, 90047

Grades KG-5

0.25 miles away

H

Horace Mann UCLA Community School

7001 S St Andrews Pl, Los Angeles, CA, 90047

Grades 6-8

1.13 miles away

Y

Youth Opportunities Unlimited

915 W Manchester Ave, Los Angeles, CA, 90044

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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