
Los Angeles, California 90044
This High-Potential Investment Opportunity is a Quadruplex listed at $969,900, positioned slightly above the $962,615 Fair Market Value. Featuring a Condition Rating of 3, this asset includes two detached buildings with a mix of 2-bed and 1-bed units, plus (2) 2-car garages for added income potential. With one unit recently renovated, the property offers immediate rental stability in a high-demand South LA corridor. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Investors seeking long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 W 85th Subject 0 bd · 0 ba · 2,847 sqft · $339 | $969,900* List Price | 0 | 0 | 2,847 | $339 | - |
A 860 860 W. 73rd St. Sold 0 bd · 0 ba · 2,275 sqft · $337 · 0.9 mi | $767,000 | 0 | 0 | 2,275 | $337 | 0.9 mi |
B 1024 W 87th Active 0 bd · 0 ba · 3,089 sqft · $301 · 0.2 mi | $929,000 List Price | 0 | 0 | 3,089 | $301 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1938, the property is well-maintained with at least one unit recently renovated featuring modern shaker-style cabinetry, stone countertops, and updated flooring. The exterior appears functional and move-in ready, meeting the criteria for a well-maintained multi-family investment.
High School: Middle College High School (9/10).
The property features two separate detached buildings, providing a desirable quadruplex configuration that offers increased privacy for tenants and flexible management options for investors.
Situated in a prime South LA area near DTLA, SoFi Stadium, and major freeways, the property is positioned to benefit from high rental demand and long-term appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2847, other record living area = 2944.
The majority of assigned public schools have low performance ratings, which may limit the appeal for families and impact long-term tenant stability.
Originally constructed in 1938, the property may require significant capital expenditures for system upgrades or maintenance typical of older structures to remain competitive.
PRIME 4-UNIT INVESTMENT IN SOUTH LA! Excellent multi-family setup featuring 2 separate detached buildings totaling ~2,944 sq. ft. on a 6,138 sq. ft. lot. The front building has (2) 2Bed/1Bath units, with one unit recently renovated. The rear building consists of (2) 1Bed/1Bath units. High-demand location close to transit, freeways, DTLA, and SoFi Stadium. There are (2) 2-car garages attached to the rear building. Ideal for investors.
No exterior & parking available.
Grades K • 0.3 mi
Grades 1-6 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,847 | 2,090.331 |
| Lot Size | 6,140 | 5,852.908 |
| Price | $969.9K | $830.9K |
| Price per sq ft | $341 | $394 |
| Built year | 1938 | 1928 |
| HOA | $0 | $0 |
| Days on market | 38 | 87 |
Oct 2, 2026
$969,900
Initial Listing
Nov 2, 2018
$753,000
Public Record
Sep 22, 2004
$475,000
Public Record