857 West 85th Street

Los Angeles, CA 90044

$849,500
Price
6
Beds
4
Baths
2,516 Sq. Ft.
$338 / Sq. Ft.
2,516
Sq. Ft.
$338
per Sq. Ft.

Description

We are pleased to present this RARE fully occupied 3 units & 9,115 SF. lot in a popular/dense rental market just minutes from the Forum and the new So-Fi Football Stadium. The Clipper's new stadium is now under construction. This lot has the potential to build 20 units fully utilizing TOC Tier 2. This land can also be developed as 60-Unit QUALIFIED PERMANENT SUPPORTIVE HOUSING development. Property sold in its AS-IS condition and buyer to verify all information. Hurry, this property won't last!We are pleased to present this RARE fully occupied 3 units & 9,115 SF. lot in a popular/dense rental market just minutes from the Forum and the new So-Fi Football Stadium. The Clipper's new stadium is now under construction. This lot has the potential to build 20 units fully utilizing TOC Tier 2. This land can also be developed as 60-Unit QUALIFIED PERMANENT SUPPORTIVE HOUSING development. Property sold in its AS-IS condition and buyer to verify all information. Hurry, this property won't last!
  1. Listed by John C. Pak • DRE #01898649 • Brokerage DRE #01417948 • Philco Realty

Property Details for 857 West 85th Street

Zoning
LAR4
Parcel Number
6032011031
Total Units
3.0
Living Area
2516
Source Living Area
Vendor Enhanced
Area
Metropolitan Southwest (C36)
Vacancy Rate
0
Lot Size Area
9117

Location

Listing Courtesy of Philco Realty, John C. Pak, DRE #01898649
Add your commute
LISTING UPDATED: 04/22/2024 01:36 PM

Property Details for 857 West 85th Street

StatusActive Under Contract
MLS #23-338677
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.21 AC / 9,117 SF
CountyLos Angeles County

Location

Listing Courtesy of Philco Realty, John C. Pak, DRE #01898649
Add your commute

Building Information for 857 West 85th Street

Stories-Residences-Year Built1926Building Size-Lot Size0.21 AC / 9,117 SF

Payment Calculator

$5,359 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,636

Property Taxes

$723

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 857 West 85th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 3 units
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2093
  • Lot Size Square Feet: 9117
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 12-12-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,714.00
  • Unit Actual Rent: $1,714.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,011.00
  • Unit Actual Rent: $1,011.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $852.00
  • Unit Actual Rent: $852.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $270,504.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $405,756.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $676,260.00

Property History for 857 West 85th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 857 West 85th Street

Taxable ValueLand$405,756Additions$270,704Total$676,460
Tax Record2023$8,678 ($723 / month)
Home Facts
Total Finished SqFt2,516 SqFtAbove Grade Finished SqFt2,516 SqFtLot Size9,115 SqFtStyleTriplexYear Built1926ZoningLAR4CountyLOS ANGELESAPN6032-011-031

Schools near 857 West 85th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Manchester Avenue Elementary School
Public1 to 6

Mary Mcleod Bethune Middle School
Public7 to 8

Youth Opportunities Unlimited School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Philco Realty, John C. Pak, DRE #01898649

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.