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$ 1,025,000
Est. payment /mo
New
130 W 85th Los Angeles, CA 90003
5,401 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26174408
HOA Y/N No
Year Built 1923
Lot Size 5,401 Sqft
Property Sub-Type Quadruplex
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.
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre, No Landscaping
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6040008006
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Special Listing Condition Standard
Listed by Diana Hernandez The Oppenheim Group 562-331-2225, DRE #01814655