1214 W 85Th St, Los Angeles, CA 90044
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1214 W 85Th St Los Angeles, CA 90044

$599,999
  • 4 Beds
  • 3 Baths
  • 1,857 Sq.Ft.
For Sale
$599,999 Get Pre-Qualified

Map preview of 1214 W 85Th St, Los Angeles, CA 90044

Property Overview: 1214 W 85Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,857 living square feet and 5,588 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ATTENTION INVESTORS!!! Dont miss out on this opportunity to add to your portfolio! There are 3-Units on this lot. Two 1 Bed/1 Bath Units and a 2 Bed/1 Bath Unit. Located only 10 minutes from So-Fi Stadium, the Kia Forum, Intuit Dome and a short drive to LAX! Not to mention the Garage, with possibilities of an ADU, meaning another unit and additional Income! Priced to Sell and ready for its new owner!

Listed by Steven Padilla | BRE #00957274 | Century 21 A Better Service
Last checked: 13 minutes ago | Last updated: September 27th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,588
HOA Dues
$0/mo
Year built
1947
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
DW24200301
City
Los Angeles
County
Los Angeles
Time on Site
2 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,340
  • Total Rent: $16,080
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $900
  • Total Rent: $10,800
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $890
  • Total Rent: $10,680
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $37,560
  • Net Operating Income: $30,060
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,500
  • Trash: $0
  • Insurance: $2,000
  • Water/Sewer: $1,800

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Property Details for 1214 W 85Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6033013030
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Go West down Manchester Ave, make a right on Budlong Ave, then a left onto W 85th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1214 W 85Th St

View property's historical transactions
  • September, 2024

  • Sep 27, 2024

    Date

    Active

    CRMLS: DW24200301

    $599,999

    Price

  • January, 2023

  • Jan 28, 2023

    Date

    Expired

    CRMLS: 22185009

    $800,000

    Price

  • Aug 1, 2022

    Date

    Active

    CRMLS: 22185009

    $800,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1214 W 85Th St

Assessed Value (2020): $98,931
Year Land Value Improved Value Assessed Value
2020 $43,525 $55,406 $98,931

Home Value Compared to the Market

This property vs the competition

1214 W 85Th St is listed 50% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $323.1 per/sqft which puts the price per square foot 58.09% lower than the median price per square foot for the city of Los Angeles.

About 1214 W 85Th St

Detailed summary of property

1214 W 85Th St is a triplex located in Los Angeles, CA 90044 and is currently for sale. This triplex offers 4 bedrooms, 3 bathrooms, roughly 1,857 living square feet, and sits on an approximately 5,588 square foot lot. 1214 W 85Th St was first listed on ArdentRealEstateGroup.com on September 27, 2024. The homeowner is currently asking $599,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 50% lower than the median priced home. Local competing homes currently for sale include 344 W 84th Pl, 1743 W 70th St and 1253 W 65th St. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1214 W 85Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1214 W 85Th St

Public county record property details
Beds
4
Baths
3
Year built
1947
Sq. Ft.
1,857
Lot Size
5,586
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
6033-013-030

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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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.