1838 W 85th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $664,405 Fair Market Value by -5%. While the property requires a full rehab due to its Condition Rating of 5, the 6,326 square foot lot offers significant ADU and Expansion Potential. This asset is a prime candidate for those looking to execute a value-add strategy in a central Los Angeles location. This project is ideal for Fix-and-Flip Investors or Contractors seeking a substantial renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1838 W 85th Street Subject | $700,000* List Price | 3 | 2 | 1,356 | $490 | - |
A 1901 W 77th Sold | $700,000 | 3 | 1 | 1,296 | $540 | 0.7 mi |
B 2040 W 82nd Street Sold | $669,000 | 3 | 2 | 1,328 | $504 | 0.4 mi |
C 2030 W 95th Sold | $715,000 | 3 | 2 | 1,369 | $522 | 0.8 mi |
D 1629 W 80th Sold | $640,000 | 3 | 2 | 1,519 | $421 | 0.5 mi |
E 9120 S Van Ness Sold | $669,000 | 2 | 1 | 1,185 | $565 | 0.6 mi |
F 1922 W. 84th Street Active | $810,000 List Price | 3 | 1 | 1,403 | $577 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 with no significant renovations mentioned, the property is described as a 'flipper' opportunity. Interior photos show significant peeling paint/plaster and dated utility systems, indicating a need for a full rehab rather than minor updates.
High School: Middle College High School (9/10).
Built in 1941, this home features timeless Spanish architectural details including arched entryways and original character, offering a unique aesthetic that is highly sought after in the Los Angeles market.
The generous 6,326 square foot lot provides ample space for a backyard expansion or the addition of an Accessory Dwelling Unit (ADU), offering significant value-add opportunities for investors or multi-generational living.
The property is in need of comprehensive updates and modernization throughout, which will require a substantial additional capital investment from the buyer to reach its full potential.
Most assigned neighborhood schools currently hold low performance ratings (ranging from 1 to 3), which may be a drawback for families prioritizing high-performing local educational institutions.
Welcome to 1838 W 85th Street, a charming Spanish-style home in the heart of Los Angeles featuring timeless architectural details including arched entryways and a functional layout with separate living and dining areas. This 3-bedroom, 2-bath residence offers approximately 1,356 square feet of living space on a generous lot, presenting a fantastic opportunity for buyers looking to personalize and add value. The home retains much of its original character and is ready for updates, making it ideal for investors, flippers, or owner-occupants with vision. The property offers a spacious floor plan, ample natural light, and a backyard with potential for expansion, outdoor living, or ADU possibilities (buyer to verify). Conveniently located near major freeways, shopping, dining, and local amenities, this property is a great opportunity to create your ideal home or next investment in a centrally located Los Angeles neighborhood.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,356 | 1,348 | 50% |
| Lot Size | 6,326 | 5,251 | 74% |
| Price | $700.0K | $725.0K | 44% |
| Price per sq ft | $516 | $514 | 50% |
| Built year | 1941 | 1930 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 140 | 3% |
May 27, 2026
$700,000
Initial Listing