130 W 85th, Los Angeles, CA 90003
- $1,025,000
- List Price
- $1,025,000
- Status
- ACTIVE
- MLS#
- OC26174408
- Year Built
- 1923
- Lot Size
- 5,401
- Acres
- 0.12
- Lot Location
- 2-5 Units/Acre, No Landscaping
- Days on Market
- 0
- 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
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $124,200
- Operating Expense
- 2700
Listing courtesy of Listing Agent: Diana Hernandez (dhernandez@ogroup.com) from Listing Office: The Oppenheim Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.