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1144 W 85th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

1144 W 85th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$875,000
1144 W 85th Street, Los Angeles, California 90044
0Bed
0Bath
3Sqft
5,585Lot
Year Built
1928
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$291,667
HOA
-
Days on market
-
Sold On
-
MLS number
CV25004788
Home ConditionGood
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $875.0K(70th), sqft - 3(6th), beds - undefined(50th), baths - undefined(50th).

This well maintained triplex is desirable for someone who is looking for an investment property or the possibility to have the opportunity of becoming a homeowner and Landlord at the same time! It is a very desirable 3 unit complex, The front (2) units feature 2 bedrooms one bath, and the back unit is a stand alone one bedroom 1 bath that also has an attached storage room that can be used as extra closet space or whatever you desire. Upgrades have been made to all units, flooring throughout, new piping/plumbing, upgraded windows, kitchen counters, bathroom vanities, electrical wiring, new water heater and roof! as well as visual exterior and more! This is a great income property that is located just minutes away from the vibrant Inglewood city, Sofi Stadium, Intuit Dome and Downtown Los Angeles, with access to major freeways. PLEASE DO NOT GO DIRECT. For the time being This property is drive by only due to tenant occupied. all offers will be accepted with contingency of an interior inspection.

Nearby schools

/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.4mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.6mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.6mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.8mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•1.2mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.3mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.4mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.5mi
3/10
Loren Miller Elementary School
Public,•K-6•2.1mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.4mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.8mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.6mi
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•1.8mi
9/10
Middle College High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
05/28/24
Sold
$825,000
02/24/21
Sold
$620,000
04/08/10
Sold
$270,000
01/10/07
Sold
$360,000
05/25/04
Sold
$275,000
Condition Rating
Good
Despite being built in 1928, the property has undergone extensive recent renovations, including new piping/plumbing, upgraded windows, electrical wiring, a new water heater, and roof. The description also notes upgraded kitchen counters, bathroom vanities, and new flooring throughout all units, indicating a move-in ready condition with updated key areas. The exterior images show a well-maintained property. While specific renovation dates and interior photos are not provided, the scope of upgrades suggests the property's condition aligns with a 'Good' rating, having been extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Income-Generating Triplex: The property is a desirable triplex, offering multiple rental units which is ideal for investors or owner-occupants seeking rental income.
Extensive Recent Upgrades: Significant renovations have been made to all units, including new flooring, piping/plumbing, upgraded windows, kitchen counters, bathroom vanities, electrical wiring, new water heater, and roof, reducing immediate capital expenditures for a new owner.
Strategic Location: Located just minutes away from vibrant Inglewood, Sofi Stadium, Intuit Dome, and Downtown Los Angeles, with access to major freeways, enhancing rental demand and potential appreciation.
Owner-Occupant Opportunity: The property offers the unique possibility for a buyer to become a homeowner and landlord simultaneously, living in one unit and renting out the others.
Well-Maintained Condition: Explicitly described as 'well maintained' with numerous recent upgrades, indicating the property is in good overall condition despite its age.

Cons

Limited Access for Showings: The property is tenant-occupied and currently 'drive by only,' requiring offers to be contingent on an interior inspection, which complicates the showing process and due diligence for potential buyers.
Age of Property: Built in 1928, despite recent upgrades, the older construction year may still imply potential for unforeseen maintenance issues or older infrastructure not covered by the renovations.
Ambiguous Living Area: The provided square footage of '3' is clearly a data entry error, leaving the actual total living area of the triplex unknown, which makes accurate property valuation and comparison challenging.

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