$1,025,000
For Sale by Owner
Listed 1 month ago

8BR Multi-Family for Sale in Los Angeles, CA

130 W 85th, Los Angeles, CA 90003
8 Beds
4 Bath
Built 1923
PropSlick Verified Data Key facts & insights for this exact address
1923
Year Built
$9,878
Property Tax / yr
5,401 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1923
Lot Size5,401 sq ft
Annual Property Tax$9,878

Property Description

**TRIPLEX PLUS PERMITTED ADU A TOTAL OF 4 UNITS, 2 UNITS ARE VACANT** Incredible investment opportunity in the heart of South Los Angeles! This well-positioned income property features a triplex plus a fully permitted ADU for a total of 4 units, offering immediate cash flow with significant upside potential on two vacant units ready to lease today. The front house (Unit 1) is a spacious 3 bedroom and 1 bathroom home that was tastefully remodeled approximately 3 years ago and is currently occupied at $3,100/month. Unit #2, located upstairs on the left rear of the property, is a 1 bedroom and 1 bathroom unit currently occupied at $2,100/month. Unit #3 is a brand new fully permitted ADU on the ground level featuring 3 bedrooms and 1 bathroom - vacant and move-in ready, commanding top market rents from day one. Unit #4 is a 1 bedroom and 1 bathroom upper right unit that is also vacant and ready for a new tenant. The property sits in a prime location close to everything - parks, schools, restaurants, shopping centers, churches, and public transportation. Easy access to the 110 and 10 Freeways makes commuting a breeze for tenants, ensuring strong and consistent rental demand. Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.

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Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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