1020 W 85th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$799,999
1020 W 85th Street, Los Angeles, California 90044
0Bed
0Bath
1,726Sqft
6,142Lot
Year Built
1950
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$463
HOA
-
Days on market
-
Sold On
-
MLS number
SR25067284
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $800.0K(50th), sqft - 1726(24th), beds - undefined(50th), baths - undefined(50th).
Fully Occupied FourPlex with 9 parking spaces; 2 in the front and 7 in the back. Live in one unit, rent 3 out, or keep all 4 rented out! Proximity to USC, SoFi Stadium, BMO Stadium, The New Clippers Arena currently underway, Downtown Los Angeles, The Art's District, and George Lucas' Billion Dollar Museum, Lucas Museum. Add this Quadplex in to your portfolio and grow your equity for future generations!
Nearby schools
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.2mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.4mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.8mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.8mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.2mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•1.2mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.3mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.4mi
3/10
Loren Miller Elementary School
Public,•K-6•2.0mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.5mi
2/10
George Washington Preparatory High School
Public,•9-12•1.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.7mi
9/10
Middle College High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
08/14/00
Sold
$225,000
Condition Rating
Fair
The property was built in 1950, which is over 70 years ago. Without interior images, it's difficult to assess the exact condition of the kitchen and bathrooms. However, given the age, it's likely that the property requires some updates or repairs. It's possible that some renovations have been done in the past, but it's unlikely to be fully renovated recently. Therefore, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Income Potential: Fully occupied fourplex offers immediate rental income and potential for owner-occupancy.
Prime Location: Proximity to USC, SoFi Stadium, BMO Stadium, Clippers Arena, Downtown Los Angeles, Arts District, and Lucas Museum enhances desirability and rental demand.
Parking: Nine parking spaces (2 front, 7 back) provide a significant amenity for tenants in a dense urban environment.
Cons
Year Built: Built in 1950, the property may require updates or maintenance to meet modern standards.
Lot Size: The lot size of 6,142 sqft is relatively small, potentially limiting future expansion or development opportunities.