819 E 85th Street, Los Angeles, California 90001, Los Angeles, 90001 - 4 bed, 3 bath
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Los Angeles, California 90001
This Turnkey Multi-Unit Configuration represents a High-Potential Investment Opportunity listed at $799,999, positioned accurately alongside its $794,510 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a New Roof, Granite Kitchens, and updated stainless appliances across Three Separate Living Spaces. The versatile layout—configured as a 2-bedroom unit, a 1-bedroom unit, and a studio—maximizes rental yield and utility. With three dedicated parking spaces and a private patio, this asset is an ideal acquisition for House-Hackers or Multi-generational Families seeking a move-in-ready income generator.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 819 E 85th Street Subject | $770,500* List Price | 4 | 3 | 1,651 | $467 | - |
A 1235 E 74th Street Sold | $739,999 | 4 | 2 | 1,533 | $483 | 0.9 mi |
B 8023 Hooper Ave Sold | $725,000 | 6 | 4 | 1,480 | $490 | 0.5 mi |
C 914 E 83rd Sold | $620,000 | 2 | 1 | 1,137 | $545 | 0.2 mi |
D 8023 Hooper Ave Sold | $725,000 | 0 | 0 | 1,480 | $490 | 0.5 mi |
E 8109 Antwerp Street Sold | $675,000 | 3 | 1 | 1,149 | $587 | 0.7 mi |
F 7411 Elsie Sold | $640,000 | 3 | 2 | 1,142 | $560 | 1.0 mi |
G 1124 E 76th Pending | $750,000 List Price | 3 | 2 | 1,272 | $590 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet the criteria for an excellent rating. Key updates include a brand-new roof, new flooring throughout, fresh interior paint, and completely modernized kitchens featuring new shaker-style cabinets, granite countertops, and updated stainless steel appliances. The bathrooms have been updated with new vanities and tile work. Additionally, the inclusion of modern recessed lighting and mini-split cooling systems indicates that the home's systems have been upgraded to current standards, leaving no visible deferred maintenance.
The property’s unique layout allows it to be configured into three separate living spaces—a 2-bedroom unit, a 1-bedroom unit, and a studio—offering exceptional potential for rental income or multi-generational living.
The home is move-in ready with significant capital improvements, including a brand-new roof, new flooring, fresh interior paint, and a modernized kitchen featuring granite countertops and new appliances.
Providing three dedicated parking spaces and additional backyard storage, this property offers a level of convenience and utility that is highly sought after in the Los Angeles market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The local school district features several low-rated institutions, including a middle school with a 1/10 rating, which may be a concern for families prioritizing educational performance.
While marketed as three separate units, the property is officially classified as a Single Family Residence; buyers should verify the legality and permitting of the multi-unit configuration to avoid future compliance issues.
Beautifully remodeled and move-in ready 4-bedroom, 3-bath home offering the perfect blend of modern upgrades, functionality, and income potential. This thoughtfully updated property features brand-new hardwood floors, fresh interior and exterior paint, new hallway closets, upgraded recessed LED lighting with selectable color temperature, and a fully renovated kitchen with new cabinetry and granite countertops. Major system upgrades include a new roof, new water heater, and a high-efficiency 6 Inverter R-32 XM2 Series Heat Pump Ultra Cool/Ultra Heat System providing year-round comfort and energy efficiency. The exterior has been extensively improved with new concrete in both the front and backyard, expanding parking capacity from 1 space to 3 spaces — a rare and valuable feature in the area. The flexible floor plan offers excellent potential for multigenerational living or possible rental/income opportunities due to the functional layout and privacy options. Conveniently located near schools, shopping, dining, freeways, and Downtown Los Angeles. This turnkey property is ideal for homeowners or investors seeking a fully upgraded home with long-term value and versatility. A must-see opportunity in Los Angeles!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,651 | 1,672 |
| Lot Size | 5,100 | 6,067 |
| Price | $770.5K | $1.37M |
| Price per sq ft | $467 | $801 |
| Built year | 1946 | 1939 |
| HOA | $0 | $348 |
| Days on market | 110 | 56 |
Jul 14, 2026
$770,500
$770,000
+0% Price Increase
Initial Listing
Jul 10, 2026
$770,000
$784,500
-2% Price Drop
Initial Listing
Apr 21, 2026
$784,500
$799,999
-2% Price Drop
Initial Listing
Apr 3, 2026
$799,999
Initial Listing
Dec 6, 2022
$655,000
Public Record
Jul 16, 2015
$340,000
Public Record