130 W 85th, Los Angeles, CA 90003

$1,025,000

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List Agent Diana Hernandez () The Oppenheim Group; CoList ()

List Price
$1,025,000
Status
PENDING
MLS#
OC26174408
Year Built
1923
Lot Size
5,401
Lot Location
2-5 Units/Acre, No Landscaping
Days on Market
21
Property Type
Multifamily
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.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.