Los Angeles, CA 90047,1533 W 85th St
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$1,850,000
Est. payment /mo
6 Beds
6 Baths
3,644 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,644 sqft

Price per Sqft $507

MLS Listing ID 25535293

Bedrooms 6

Year Built 1958

Lot Size 6,733 Sqft

Acres 0.1546

Property Description

Welcome to 1533 W. 85th Street, an exceptional two-story, 6-unit multifamily building nested in the vibrant heart of LA. This property offers two(2) bedrooms/1 bath, three (1) bedrooms/1 bath units and a single/1 bath totaling approx. 3,644 sq ft of rentable space on a 6,733 sq ft. lot with 5 car garages, and a covered car space. as well as an on-site laundry facility. Each of these units is spacious and all with substantial upside potential. The property is conveniently located in close proximity to the renowned Sport and Entertainment Center. Sofi Stadium, and upcoming Los Angeles Clipper's Stadium, etc., and easy access to major freeways and transportation. The building is 100% occupied and no units will be delivered vacant. All good tenants who pay on time, and would like to stay, if possible. Currently the monthly income is $9,493 including laundry income leaving a new owner/investor plenty of upside in rents upon turnover. The rents are calculated on scheduled income. Property is an As Is, Where Is sale, and seller gives no warranties expressed or implied.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD2

Interior

Heating Natural Gas, Wall Gas

Laundry Outside, Room, Laundry Area

Exterior

Garage Spaces 6.0

Roof Type Composition Shingle, Fire Retardant

Building

Story 2

Structure Type Stucco

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Montecito Realty Co

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Brandon Arlington

Brandon Arlington

+1(781) 385-0196

Real Estate Professional | License ID: 01956375

Real Estate Professional License ID: 01956375

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