1655 E 85th St, Los Angeles, CA 90001
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1655 E 85th St Los Angeles, CA 90001

$1,160,000 Sold Price as of 08/20/2019
  • 13 Beds
  • 9 Baths
  • 4,943 Sq.Ft.
Sold
$1,160,000 Sold Price as of 08/20/2019 Refinance Your Mortgage

Map preview of 1655 E 85th St, Los Angeles, CA 90001

Property Overview: 1655 E 85th St Los Angeles, CA has 13 bedrooms, 9 bathrooms, 4,943 living square feet and 7,762 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2018Year Built 3plex Front Building 3bed and 2.5bath attach 1car , Back Building Duplex each unit 5bed and 3bath attach 2car garage per unit Very big lot and a lot of parking space good maintain and manage the Properties

Listed by Brian Jung | BRE #01946975 | Brian Jung Realty
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,762
HOA Dues
$0/mo
Year built
2018
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19147478
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,000
  • Net Operating Income: $69,365
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,400
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $14,375
  • Trash: $0
  • Gardener: $600
  • Insurance: $2,000
  • Maintenance: $4,800
  • Water/Sewer: $0

Property Details for 1655 E 85th St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 11
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Builder
Property Information
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 6027010019
  • 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: 85th +Maie ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1655 E 85th St

Last sold for $1,160,000 on August 20th, 2019
  • August, 2019

  • Aug 21, 2019

    Date

    Sold

    CRMLS: PW19147478

    $1,160,000

    Price

  • Jul 24, 2019

    Date

    Pending

    CRMLS: PW19147478

    $1,150,000

    Price

  • Jun 26, 2019

    Date

    Active Under Contract

    CRMLS: PW19147478

    $1,150,000

    Price

  • Jun 21, 2019

    Date

    Active

    CRMLS: PW19147478

    $1,150,000

    Price

  • August, 2019

  • Aug 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,160,000

    Price

  • January, 2018

  • Jan 24, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1655 E 85th St

Assessed Value (2020): $1,160,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $760,000 $1,160,000

Home Value Compared to the Market

This property vs the competition

1655 E 85th St sold on August 20, 2019 for 2.68% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $232.65 per/sqft which puts the price per square foot 67.87% lower than the current median sale per square foot for the city of Los Angeles.

About 1655 E 85th St

Detailed summary of property

1655 E 85th St is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 13 bedrooms, 9 bathrooms, roughly 4,943 living square feet, and sits on an approximately 7,762 square foot lot. 1655 E 85th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,160,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 2.68% higher than the current median priced home. Local homes that are currently for sale include 827 E 74th St, 1139 E 68th St and 8018 Avalon Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1655 E 85th St has a days on market of 5 days. 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 1655 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 1655 E 85th St

Public county record property details
Beds
11
Baths
7
Year built
2016
Sq. Ft.
4,961
Lot Size
7,761
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
6027-010-019

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
$589,000
Median List Price/Sq.Ft.
$551
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
35
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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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.