826 W 85th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

826 W 85th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$1,385,000
826 W 85th Street, Los Angeles, California 90044
0Bed
0Bath
4,592Sqft
9,047Lot
Year Built
1929
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
DW24235248
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 2 Cons,3 Pros. Rank: price - $1.39M(94th), sqft - 4592(94th), beds - undefined(50th), baths - undefined(50th).

Prime Investment Opportunity in Los Angeles – Renovated Quadplex with Strong Rental Income Potential Presenting an exceptional opportunity for investors and developers in one of Los Angeles' most sought-after neighborhoods. This meticulously renovated quadplex offers a solid income stream with modernized units, enhanced by a prime location that provides significant upside potential for future growth. Maximum Rental Income Potential, with its modern finishes, spacious layouts, and high demand for quality rental units in the area, this quadplex is poised to deliver excellent rental returns. The property is positioned to attract a wide range of tenants, from professionals to families, all seeking the vibrant lifestyle that Los Angeles has to offer. The property is zoned for up to 10 additional units, offering an incredible opportunity for expansion and future development. Whether you’re looking to maximize your investment by adding more rental units or looking for a long-term play in a growing market, this zoning provides the flexibility to increase density and capitalize on the property’s prime location. With ample parking for tenants, this property caters to the needs of today’s renters, many of whom rely on vehicles. The parking area ensures Nestled in a vibrant neighborhood of Los Angeles, the property offers easy access to major freeways, public transportation, shopping centers, dining, and entertainment venues. This prime location ensures high demand for rental properties, making it a perfect addition to your real estate portfolio. Additional Features: Large Lot with Expansion Potential Newer Roof and Systems Well-Maintained Common Areas Minutes from Downtown LA, Hollywood, and Westside Whether you're an investor seeking immediate cash flow or a developer looking to capitalize on future growth, this renovated quadplex offers the ideal combination of stability, upside potential, and location. Don’t miss out on this unique opportunity to own a piece of Los Angeles real estate with enormous potential! For more information or to schedule a private showing, contact us today!

Nearby schools

/10
Danny J. Bakewell, Sr., Primary Center
Public,K0.1mi
4/10
Manchester Avenue Elementary School
Public,1-60.2mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,K-60.9mi
3/10
Raymond Avenue Elementary School
Public,K-50.9mi
3/10
La Salle Avenue Elementary School
Public,K-51.0mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-61.2mi
3/10
Seventy-Fifth Street Elementary School
Public,K-61.2mi
4/10
Sixty-Eighth Street Elementary School
Public,K-61.2mi
3/10
Loren Miller Elementary School
Public,K-61.7mi
2/10
Bret Harte Preparatory Middle School
Public,6-80.6mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.4mi
1/10
Horace Mann Junior High School
Public,6-81.7mi
2/10
John Muir Middle School
Public,6-81.8mi
3/10
John C. Fremont Senior High School
Public,9-121.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.7mi
2/10
George Washington Preparatory High School
Public,9-121.9mi
9/10
Middle College High School
Public,9-123.2mi

Price History

Date
Event
Price
10/24/14
Sold
$579,000
05/21/10
Sold
$330,000
02/09/04
Sold
$410,000
04/02/02
Sold
$1,000
08/24/98
Sold
$200,000
Condition Rating
Good

The property is a renovated quadplex built in 1929. The listing mentions 'meticulously renovated' units and 'newer roof and systems'. The images show updated kitchens and bathrooms with modern finishes, suggesting a renovation within the last 15 years. While not brand new, the property appears to be in good condition and move-in ready, justifying a 'good' score.
Pros & Cons

Pros

Income Potential: Renovated quadplex with strong rental income potential in a high-demand area.
Development Opportunity: Zoned for up to 10 additional units, offering significant expansion and development possibilities.
Prime Location: Located in a vibrant Los Angeles neighborhood with easy access to freeways, public transportation, shopping, dining, and entertainment.

Cons

Year Built: Built in 1929, the property may require ongoing maintenance and potential upgrades due to its age.
Undefined MLS Area: The MLS area is listed as 'Not Defined,' which may require further investigation to understand the specific neighborhood characteristics and market trends.

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