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130 E 85th St
Los Angeles, CA 90003
85TH ST · Multifamily Property For Sale
·
4 Units
Executive Summary
Incredible investment opportunity in the heart of South Los Angeles! This well-positioned income property features a triplex plus a fully permitted ADU for a total of 4 units, offering immediate cash flow with significant upside potential on two vacant units ready to lease today.
The front house (Unit 1) is a spacious 3 bedroom / 1 bathroom home that was tastefully remodeled approximately 3 years ago and is currently occupied at $3,100/month. Unit 2, located upstairs on the left rear of the property, is a 1 bedroom / 1 bathroom unit currently occupied at $2,100/month. Unit 3 is a brand new fully permitted ADU on the ground level featuring 3 bedrooms and 1 bathroom — vacant and move-in ready, commanding top market rents from day one. Unit 4 is a 1 bedroom / 1 bathroom upper right unit that is also vacant and ready for a new tenant.
Current in-place income is $5,200/month with a pro forma income of approximately $9,900/month at full occupancy, generating nearly $118,800 annually once stabilized.
The property sits in a prime location close to everything — parks, schools, restaurants, shopping centers, churches, and public transportation. Easy access to the 110 and 10 Freeways makes commuting a breeze for tenants, ensuring strong and consistent rental demand.
Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.
Shown by appointment only VACANT UNITS. Do not disturb tenants.
The front house (Unit 1) is a spacious 3 bedroom / 1 bathroom home that was tastefully remodeled approximately 3 years ago and is currently occupied at $3,100/month. Unit 2, located upstairs on the left rear of the property, is a 1 bedroom / 1 bathroom unit currently occupied at $2,100/month. Unit 3 is a brand new fully permitted ADU on the ground level featuring 3 bedrooms and 1 bathroom — vacant and move-in ready, commanding top market rents from day one. Unit 4 is a 1 bedroom / 1 bathroom upper right unit that is also vacant and ready for a new tenant.
Current in-place income is $5,200/month with a pro forma income of approximately $9,900/month at full occupancy, generating nearly $118,800 annually once stabilized.
The property sits in a prime location close to everything — parks, schools, restaurants, shopping centers, churches, and public transportation. Easy access to the 110 and 10 Freeways makes commuting a breeze for tenants, ensuring strong and consistent rental demand.
Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.
Shown by appointment only VACANT UNITS. Do not disturb tenants.
Property Facts
| Price Per Unit | $256,250 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,476 SF |
| Cap Rate | 8.16% | Average Occupancy | 50% |
| Sale Conditions | No. Stories | 2 | |
| No. Units | 4 | Year Built | 1923 |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 8.16% |
| Sale Conditions | |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,476 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1923 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,100 | - |
| 1+1 | 1 | $2,100 | - |
| 3+1 | 1 | - | - |
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Number | 6040-008-006 | Improvements Assessment | $195,000 |
| Land Assessment | $600,000 | Total Assessment | $795,000 |
Property Taxes
Parcel Number
6040-008-006
Land Assessment
$600,000
Improvements Assessment
$195,000
Total Assessment
$795,000
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