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

$555,000 Sold Price as of 11/08/2019
  • 5 Beds
  • 4 Baths
  • 2,032 Sq.Ft.
Sold
$555,000 Sold Price as of 11/08/2019 Refinance Your Mortgage
Map preview of 846 E 85th St, Los Angeles, CA 90001

Property Overview: 846 E 85th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,032 living square feet and 5,191 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***ATTENTION ALL INVESTORS*** CASH COW! $4,400 TOTAL INCOME!****Fantastic investment opportunity with excellent INCOME! This well maintained TRIPLEX presents a great opportunity for an investor to acquire a fully occupied income property with long term tenants, TRIPLEX Features upgraded electrical, Newer roof, Tile and laminated wood floors, All units are in good condition and will be delivered fully occupied, Don't miss this fantastic deal, submit your offer today! PLEASE DO NOT DISTURB THE TENANTS, SUBJECT TO INTERIOR INSPECTION ONLY.

Listed by Jenny Segovia | BRE #01331605 | Segovia Real Estate Group
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
5,191
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SR19161975
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 846 E 85th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6029030019
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: East of Avalon Blvd, North of Manchester
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 846 E 85th St

Last sold on November 27th, 2019

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 8, 2019

    Date

    Sold

    CRMLS: SR19161975

    $555,000

    Price

  • Sep 25, 2019

    Date

    Pending

    CRMLS: SR19161975

    $575,000

    Price

  • Sep 6, 2019

    Date

    Price Change

    CRMLS: SR19161975

    $575,000

    Price

  • Jul 31, 2019

    Date

    Active

    CRMLS: SR19161975

    $585,000

    Price

  • Jul 31, 2019

    Date

    Pending

    CRMLS: SR19161975

    $585,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: SR19161975

    $585,000

    Price

  • January, 2018

  • Jan 22, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2017

  • Sep 1, 2017

    Date

    Sold

    CRMLS: SR17067207

    $480,000

    Price

  • Apr 6, 2017

    Date

    Pending

    CRMLS: SR17067207

    $480,000

    Price

  • Apr 1, 2017

    Date

    Active

    CRMLS: SR17067207

    $480,000

    Price

  • Mar 31, 2017

    Date

    Pending

    CRMLS: SR17067207

    $480,000

    Price

  • Mar 31, 2017

    Date

    Active

    CRMLS: SR17067207

    $480,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great investment property with high income rents and offers more to increase in the future. Property offers 3 car garage and a laundry room, Don't miss this great opportunity to live in one unit and receive rents from two units.

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Tax History for 846 E 85th St

Assessed Value (2020): $555,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $205,000 $555,000

Home Value Compared to the Market

This property vs the competition

846 E 85th St sold on November 8, 2019 for 51.68% 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 $282.97 per/sqft which puts the price per square foot 62.52% lower than the current median sale per square foot for the city of Los Angeles.

About 846 E 85th St

Detailed summary of property

846 E 85th St is a triplex that recently sold in Los Angeles, CA 90001. This triplex offered 5 bedrooms, 4 bathrooms, roughly 2,032 living square feet, and sits on an approximately 5,191 square foot lot. 846 E 85th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $555,000. 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 51.68% lower than the current median priced home. Local homes that are currently for sale include 134 W 60th St, 10409 S Figueroa St and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 92 days, 846 E 85th St has a days on market of 77 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 846 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 846 E 85th St

Public county record property details
Beds
6
Baths
4
Year built
1951
Sq. Ft.
2,032
Lot Size
5,191
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1611
APN
6029-030-019

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
$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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(714) 706-1823

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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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