1144 W 85th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Turnkey Multi-Unit Asset is listed at $845,000—positioned below the $850,000 Fair Market Value by 1%. This valuation offers $5,000 in Instant Equity for a fully stabilized investment. Boasting an Excellent Condition Rating, the property features three renovated units with New Kitchens, a Brand New Roof, and updated major systems including plumbing and electrical. Located minutes from Downtown LA and near the 9/10 Rated Middle College High School, it ensures high rental demand. This is an ideal opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1144 W 85th Subject | $845,000* List Price | 0 | 0 | 2,070 | $411 | - |
A 9008 Baring Cross Sold | $825,000 | 4 | 2 | 1,562 | $528 | 0.6 mi |
B 1300 W 90th Street Sold | $870,000 | 6 | 3 | 1,708 | $509 | 0.4 mi |
C 9300 S Hoover Street Sold | $850,000 | 0 | 0 | 2,443 | $348 | 0.8 mi |
D 916 W 88th Street Sold | $810,000 | 0 | 0 | 2,004 | $404 | 0.4 mi |
E 660 W 94th Street Sold | $750,000 | 0 | 0 | 1,780 | $421 | 0.8 mi |
F 8932 Orchard Active | $969,900 List Price | 0 | 0 | 1,890 | $513 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1928, the property has undergone extensive recent renovations that meet the criteria for excellent condition. Key upgrades include a brand-new roof, updated electrical wiring, new plumbing, and new water heaters. Interior images confirm modern turnkey finishes with updated shaker-style kitchen cabinets, new flooring throughout, fresh paint, and upgraded bathroom vanities, leaving no deferred maintenance.
High School: Middle College High School (9/10).
The property has undergone extensive renovations, including updated kitchens, new flooring, and modern finishes across all three units, allowing for immediate rental income with minimal initial CapEx.
Significant capital improvements such as a brand-new roof, updated electrical wiring, new plumbing, and new water heaters provide long-term structural reliability and reduced maintenance costs.
The property is currently tenant-occupied with a 'do not disturb' policy, meaning buyers must submit offers subject to interior inspection, which complicates the initial due diligence process.
The majority of assigned public schools in the immediate area carry low performance ratings (ranging from 1 to 4), which may limit the property's appeal to families with school-aged children.
Originally constructed in 1928, the property may have inherent layout limitations or site characteristics typical of older structures that modern renovations cannot fully resolve.
PRICE REDUCTION!!!!WELCOME TO AN AMAZING WELL-KEPT TRIPLEX – PRIME INCOME OPPORTUNITY! Welcome to this highly desirable, income-producing triplex located just minutes from Downtown Los Angeles with convenient access to all major freeways. This exceptional property features three separate units: #1 Bedroom / 1 Bathroom,#2: 2 Bedrooms / 1 Bathroom, #3: 2 Bedrooms / 1 Bathroom. Extensive updates have been completed throughout all three units, making this a truly turnkey investment. Improvements include: Updated kitchens and modern finishes, New flooring throughout, Upgraded bathroom vanities, toilets, and medicine cabinets, Fresh interior paint, New windows, New plumbing/piping, Updated electrical wiring and outlets, New thermostats, New smoke & carbon monoxide detectors, New water heaters, Brand NEW roof, Exterior enhancements to both front and rear units. This is the perfect starter income property or portfolio addition in a strong rental market. Tenant-Occupied – Please Do Not Disturb Tenants. Offers subject to interior inspection. Don’t miss this outstanding opportunity to own a renovated multi-unit property in one of LA’s most convenient and high-demand locations!
No exterior & parking available.
Grades K • 0.4 mi
Grades 1-6 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,070 | 2,070 | 50% |
| Lot Size | 5,585 | 5,897 | 35% |
| Price | $845.0K | $845.0K | 50% |
| Price per sq ft | $408 | $411 | 48% |
| Built year | 1928 | 1924 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 154 | 26% |
Mar 9, 2026
$845,000
$850,000
-1% Price Drop
Initial Listing
Feb 2, 2026
$850,000
Initial Listing
May 28, 2024
$825,000
Public Record
Feb 24, 2021
$620,000
Public Record
Apr 8, 2010
$270,000
Public Record
Jan 10, 2007
$360,000
Public Record
May 25, 2004
$275,000
Public Record