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1142 E 85th St, Los Angeles, CA 90001
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1142 E 85th St Los Angeles, CA 90001

$931,500 Sold Price as of 07/20/2023
  • 8 Beds
  • 5 Baths
  • 3,232 Sq.Ft.
Sold
$931,500 Sold Price as of 07/20/2023 Refinance Your Mortgage
Map preview of 1142 E 85th St, Los Angeles, CA 90001

Property Overview: 1142 E 85th St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,232 living square feet and 5,080 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Whether you're an investor searching for a profitable venture or an aspiring owner-occupant looking to supplement your income, this property checks all the boxes! Act now and secure your future with this attractive investment! But that's not all! one of the standout advantages of this property is its newer construction with a more modern build, you can bid farewell to the headaches of updating and maintenance that often come with older homes. Its construction from 2014 is ideal for either first time buyer, owner-user or to add to a profitable portfolio. With a 3-car garage for back unit and private off-street parking spaces for front unit, convenience is at your fingertips! Not subjected to City of LA Housing rent control jurisdiction. Back tenants to remain. Front unit occupants leaving prior to close of escrow. Close proximity to major freeways and DTLA. ? Invest wisely, enjoy the benefits, and make your financial dreams a reality with this incredible opportunity! Agents please see private remarks for Offer Deadline.

Listed by Jose Leiva | BRE #01219706 | Century 21 Allstars
Last checked: 8 minutes ago | Last updated: July 21st, 2023 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,080
HOA Dues
$0/mo
Year built
2014
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
DW23090528
City
Los Angeles
County
Los Angeles
Time on Site
348 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,500
  • Net Operating Income: $1,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,105
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $150
  • Water/Sewer: $400

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1142 E 85th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Family Room
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6028025025
  • Year Built Source: Appraiser
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: West of Manchester Ave and Central Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1142 E 85th St

Last sold for $931,500 on July 20th, 2023

  • July, 2023

  • Jul 20, 2023

    Date

    Sold

    CRMLS: DW23090528

    $931,500

    Price

  • Jun 3, 2023

    Date

    Active

    CRMLS: DW23090528

    $895,000

    Price

  • May, 2018

  • May 21, 2018

    Date

    Sold

    CRMLS: SR17237938

    $715,000

    Price

  • May 6, 2018

    Date

    Pending

    CRMLS: SR17237938

    $735,000

    Price

  • Apr 9, 2018

    Date

    Price Change

    CRMLS: SR17237938

    $735,000

    Price

  • Jan 13, 2018

    Date

    Price Change

    CRMLS: SR17237938

    $740,000

    Price

  • Oct 29, 2017

    Date

    Price Change

    CRMLS: SR17237938

    $745,000

    Price

  • Oct 26, 2017

    Date

    Price Change

    CRMLS: SR17237938

    $739,000

    Price

  • Oct 17, 2017

    Date

    Active

    CRMLS: SR17237938

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex built in 2014, Two separate buildings with 4 beds and 3 baths each. 3 car Garage for both units and private parking space for 2 cars. Both units are rented with good tenants, ideal for anyone that is looking for extra income.

  • May, 2018

  • May 17, 2018

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

  • January, 2018

  • Jan 31, 2018

    Date

    Expired

    CRMLS: SR17142772

    $2,350

    Price

  • Jul 16, 2017

    Date

    Withdrawn

    CRMLS: SR17142772

    $2,350

    Price

  • Jun 23, 2017

    Date

    Active

    CRMLS: SR17142772

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    build in 2014 excellent 4 bed and 2 baths private parking for 2 cars

  • November, 2014

  • Nov 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 1142 E 85th St

Assessed Value (2020): $749,088
Year Land Value Improved Value Assessed Value
2020 $468,180 $280,908 $749,088

Home Value Compared to the Market

This property vs the competition

1142 E 85th St sold on July 20, 2023 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $276.92 per/sqft which puts the price per square foot 63.32% lower than the current median sale per square foot for the city of Los Angeles.

About 1142 E 85th St

Detailed summary of property

1142 E 85th St is a duplex that recently sold in Los Angeles, CA 90001. This duplex offered 8 bedrooms, 5 bathrooms, roughly 3,232 living square feet, and sits on an approximately 5,080 square foot lot. 1142 E 85th St was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $931,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 1647 E 92nd St, 9305 Maie Ave and 345 E 82nd St. While the average home in Los Angeles, CA is selling in 92 days, 1142 E 85th St has a days on market of 35 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1142 E 85th St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1142 E 85th St

Public county record property details
Beds
8
Baths
6
Year built
2014
Sq. Ft.
3,232
Lot Size
5,199
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
159
APN
6028-025-025

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$550,000
Median List Price/Sq.Ft.
$458
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
28
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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