1626 E 85Th St, Los Angeles, CA 90001
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1626 E 85Th St Los Angeles, CA 90001

$965,000 Sold Price as of 05/01/2023
  • 8 Beds
  • 4 Baths
  • 3,300 Sq.Ft.
Sold
$965,000 Sold Price as of 05/01/2023 Refinance Your Mortgage

Map preview of 1626 E 85Th St, Los Angeles, CA 90001

Property Overview: 1626 E 85Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,300 living square feet and 5,812 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fourplex available in Los Angeles and this one is NOT under LA rent control. The fourplex features 2 bedroom, 1 bath in each unit with long term tenants and one unit is owner occupied. This is perfect for you live in one and rent the other units. Perfect to help you pay the mortgage. The property features lots of parking about 5 to 6 cars fit in front and 3-5 cars fit in back. 2 big storage rooms and one has a bonus bathroom. The roof was recently updated. View the video Tour link.

Listed by Elisabeth Ceja | BRE #01510748 | Keller Williams Palos Verdes
Last checked: 13 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
5,812
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SB23000134
City
Los Angeles
County
Los Angeles
Time on Site
504 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $15,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $15,600
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,400
  • Net Operating Income: $4,575
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $825
  • Trash: $0
  • Gardener: $100
  • Insurance: $125
  • Water/Sewer: $600

Virtual Tour

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


Property Details for 1626 E 85Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Master Bedroom
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6027008010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: off firestone and Compton Blvd.
Neighborhood Information
  • Community Features: Dog Park, Sidewalks, Urban
View more facts & features

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Sale History for 1626 E 85Th St

Last sold for $965,000 on May 1st, 2023
  • May, 2023

  • May 1, 2023

    Date

    Sold

    CRMLS: SB23000134

    $965,000

    Price

  • Jan 1, 2023

    Date

    Active

    CRMLS: SB23000134

    $959,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: SB22226343

    $948,000

    Price

  • Oct 21, 2022

    Date

    Active

    CRMLS: SB22226343

    $980,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2002

  • Apr 5, 2002

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

Show More

Tax History for 1626 E 85Th St

Assessed Value (2020): $303,912
Year Land Value Improved Value Assessed Value
2020 $121,562 $182,350 $303,912

Home Value Compared to the Market

This property vs the competition

1626 E 85Th St sold on May 1, 2023 for 19.41% 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 $290.61 per/sqft which puts the price per square foot 61.51% lower than the current median sale per square foot for the city of Los Angeles.

About 1626 E 85Th St

Detailed summary of property

1626 E 85Th St is a fourplex that recently sold in Los Angeles, CA 90001. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,300 living square feet, and sits on an approximately 5,812 square foot lot. 1626 E 85Th St was first listed on ArdentRealEstateGroup.com on January 2, 2023. The homeowner sold the property for $965,000. 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 19.41% lower than the current median priced home. Local homes that are currently for sale include 913 E 87th St, 1327 E 75th St and 9308 Clovis Ave. While the average home in Los Angeles, CA is selling in 92 days, 1626 E 85Th St has a days on market of 59 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 1626 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 1626 E 85Th St

Public county record property details
Beds
8
Baths
4
Year built
1963
Sq. Ft.
3,300
Lot Size
5,812
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
6027-008-010

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.
$467
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
26
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%)

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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.