Los Angeles, CA 90047 1526 W 85th Street
$1,250,000
Pending
3 more
Presented By: Eena Douglass with eXp Realty of California Inc; 323.934.1999
- MLS# SB24128796
- 06/25/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 7
SQFT • 5,887
Home Details
Great investment opportunity in the heart of LOS ANGELES. Over 5,800 SF of living space in this 6 unit building, comprised of (1)3BD + 2BA, (2)2BD + 1BA & (3)1BD + 1BA. Each tenant is allocated one off street parking space and access to an on site laundry facility. 2.4 miles from SoFi Stadium & the Inglewood Forum. Fully occupied. Sold As-Is, $213 Per SF. DO NOT DISTURB TENANTS.
Presented By: Eena Douglass with eXp Realty of California Inc; 323.934.1999
Interior Features for 1526 W 85th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1526 W 85th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
ContingencyProperty has a City required 'Soft Story Retrofit which the Buyer will be required to clear after close of Escrow. Estimate available. Property sold AS-IS. All offers to be submitted subject to int
CountyLos Angeles
DirectionsEast on Manchester, left on Denker, right on 85th.
Electric Expense720.0
Entry Location1st Floor
Garage Spaces0.0
Garage Y/NNo
Gross Income130080.0
HOANo
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031, Submit
Lot Size Square Feet6980.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
Maintenance Expense1200.0
MobileHomeRemainsYNNo
Net Operating Income112560.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Operating Expense17520.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot706
Total Actual Rent10840.0
Trash Expense4200.0
Water Sewer Expense4800.0
Year Built1965
Year Built SourceAssessor
ZoningLARD2
Exterior for 1526 W 85th Street
Building Area Total5887.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1602
Lot Size Area6980.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate