525 W 85th Street, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Newly Built Multi-Unit Investment is a turnkey asset listed at $1,595,000—positioned well below the $1,612,935 Fair Market Value by 1%. This valuation gap provides $17,935 in Instant Equity for an incoming owner. Built in 2024 with a Condition Rating of 2, the triplex features two massive 5-bedroom units and a detached ADU, all fully leased with tenants paying all utilities. Located near SoFi Stadium and the 9/10 rated Middle College High School, this high-yield property ensures minimal maintenance and immediate cash flow. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 W 85th Street Subject | $1,595,000* List Price | 0 | 0 | 4,209 | $383 | - |
A 1344 W 83rd Place Sold | $1,410,000 | 0 | 0 | 3,996 | $353 | 0.9 mi |
B 1234 W 89th Street Sold | $1,560,000 | 12 | 8 | 3,867 | $403 | 0.9 mi |
C 1234 W 89th Street Sold | $1,560,000 | 0 | 0 | 3,867 | $403 | 0.9 mi |
D 944 W 74th Active | $1,120,000 List Price | 0 | 0 | 2,825 | $396 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new construction triplex built in 2024. As a newly completed development, all structural components, major systems (including solar panels), and interior finishes are new and meet current building standards with zero deferred maintenance.
High School: Middle College High School (9/10).
Built in 2024, this triplex offers modern building standards and energy efficiency, ensuring minimal maintenance costs and no immediate capital expenditures for the investor.
The property is fully leased at market rents with individual meters and all utilities paid by tenants, providing a seamless, high-yield investment from day one.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4209, other record living area = 1101.
The property was recently sold within the past year on 2025-04-22. The sold price is $1,825,000.00.
The surrounding public schools have low ratings (mostly 2/10), which may limit the long-term appeal for families and impact the property's rate of appreciation.
Introducing a newly built multi-unit investment at 523, 525, and 525 ½ W 85th Street in Los Angeles. This stunning brand-new construction features a modern triplex, perfect for investors, offering an exceptional blend of scale, functionality, and income potential. The triplex includes two spacious units at the front, each offering 5 bedrooms and 3 bathrooms (totaling approximately 3,120 sq ft), while the detached unit in the back provides offers 3-bedrooms and 1-bathroom (approx. 1,089 sq ft). The property also includes a four-car garage with two additional on-site parking spaces, as well as individual meters for each unit. Currently fully leased with three tenants on one-year agreements at market rents and offered at an attractive $1,725,000 price point—making it a highly competitive opportunity in today’s market. With new construction and low ongoing maintenance, ownership is designed to be seamless from day one. Ideally located just minutes from SoFi Stadium, local parks, shopping, dining, and major transit corridors, this property offers both strong in-place income and long-term upside. **ALL UTILITIES PAID BY TENANTS**
No exterior & parking available.
Grades 1-6 • 0.2 mi
Grades K • 0.4 mi
Grades K-6 • 0.7 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 | 4,209 | 2,143 | 94% |
| Lot Size | 6,512 | 6,078 | 65% |
| Price | $1.59M | $850.0K | 97% |
| Price per sq ft | $379 | $411 | 39% |
| Built year | 2024 | 1924 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 154 | 3% |
Apr 16, 2026
$1,595,000
$1,725,000
-8% Price Drop
Initial Listing
Mar 24, 2026
$1,725,000
Initial Listing
Apr 22, 2025
$1,825,000
Public Record
Feb 28, 2024
$590,000
Public Record