Courtesy of: Eddie Magana Re/Max Estate Properties
MLS ID: SB20063178
Days On Market: 248
Year Build: 1928
Lot size: 0.129
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 1144 W 85th Street
County: Los Angeles
City: Los Angeles
Neighborhood: C36 - Metropolitan Southwest
Perfect Three unit setup for an investor or live in one and rent the other two as an owner-occupant.
The front two units have just been FRESHLY PAINTED are each 2 bedrooms, 1 bath, while the rear unit is 1 bedroom, 1 bath. All three units have great layouts, with ample space, plenty of closet space in all the bedrooms, and each unit has washer and dry hookups inside.
Owner takes home in pocket $1,600 a month, after paying mortgage & Bills, still LOTS of potential for rent to be raised with gentrification happening around Los Angeles.
The lot is zoned LAR4, the possibility to build another FOURTH UNIT makes this such a great investment. The back yard can be used for parking but don't forget the long driveway which provides plenty of parking for the tenants, the back unit also has private storage shed attached.
Units are located Close to so many up and coming areas - 5.4 miles from USC, 5.0 miles from LAFC Banc of California Stadium, close to downtown LA, close to the beach cities, 2.8 miles from the new NFL Rams/Chargers stadium in Inglewood, and now the APPROVED new clippers stadium with The Forum selling to the Clippers owner for $400 Million for his new clippers stadium location, with so many more nearby developments that are up and coming. With the property not needing much but maybe a little TLC with paint and carpet to make a huge difference in each unit. The area is hot, and the future looks bright for Los Angeles, you don't want to miss out on so much potential!