837 W. 85th St., Los Angeles, CA 90044

FOR SALE
  • $775,000
  • reduced $2,500 on 11/ 8/2016
  • 49 Days on site
  • Beds: 9
  • Baths: 5
  • Commercial Building
  • 3,996 sq ft
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Description

We are pleased to offer this five-unit multifamily investment offering, located in the City of LA - SUBJECT TO RENT CONTROL ORDINANCE. There are two separate parcels that make up the 9,103 sq ft lot with a 3+2 SFR in front and a 4PLEX with two (2) 1+1 and two (2) 2+1 units located in the rear. The subject property was constructed of wood frame stucco in 1912 but completely rehabbed in 2008 after fire damage. The four units in the rear were a move-on in 1986, and the total rentable square foot is approx. 4,008 per public records. Recent building upgrades include a brand new water heater (100 gallon) in 2016, newer windows installed throughout, with 3 units recently being remodeled with fresh interior paint, new kitchen counter tops, laminate flooring, tile kitchen and bathroom floors, etc. Building amenities include a wrought iron secured entry and gate, nine on-site tuck-under parking spaces w/ addtl. on-site open parking, and the property is separately metered for gas & electricity.

  • MLS ID# 16-171298
  • Year Built: 1986
  • 49 Days on site
  • Commercial Building
  • Beds: 9
  • Baths: 5

Listing Details

Parking
Parking Space (5)
Heating
Wall Furnace Heat

Local Info

Population
83,391
Median Household Income
$29,758
Median Years In Residence
8
Median Homeowner Age
25
Households with Children
68.51%
Percent of Homes Rented
61.81%

Nearby Elementary Schools

661 W 87th St
1027 W 87th St
7901 S Vermont Ave

Nearby Primary Schools

8621 Baring Cross St

Nearby Middle Schools

1027 W 87th St
7901 S Vermont Ave
8401 S Broadway

Nearby High Schools

7901 S Vermont Ave
8401 S Broadway
8800 S San Pedro St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Brc Advisors Inc.
(213) 226-8700
Listing Agent: Ian Hollinger

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