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Listed by Michelle Sferrino • KASE Real Estate, Inc.
$ 650,000
Est. payment | /mo
1,700 SqFt
$ 650,000
Est. payment | /mo
1,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $382
MLS Listing ID CROC24183034
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 5,575 Sqft
Property Description
Exceptional investment opportunity awaits at 1145 W 85th Street in the heart of Los Angeles! This triplex is ideally located just minutes from major sports and entertainment venues, including SoFi Stadium, the Kia Forum, and the Los Angeles Memorial Coliseum. Whether you're a savvy investor or looking for a property with rental income potential, this location offers prime accessibility to LA's booming entertainment district. The property features three units, each with its own unique layout, offering excellent income potential. While the units are in need of updating, this is a golden opportunity for those looking to renovate and add significant value. With some modern upgrades and personal touches, these units could command premium rental rates in this highly desirable area. The front house has 2 bedrooms and 1 bath, the second rear unit is a one bedroom one bath and the last unit is 1 bedroom 1 bath. The property also has potential to build an ADU in the back making this a 4 unit property! So many possibilities with this opportunity! This property is also in close proximity to the new college being built on Western Ave! Additional highlights include a spacious lot with plenty of on-site parking and easy access to public transportation, major freeways, shopping, dining, and ente
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Building
Lot Description Level
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767