604 E 85Th Street, Los Angeles, CA 90001
-
Listed Price :
$940,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1960
Property Description
This offering is a true value-add opportunity: current rents are half of market rate, and a new investor may want to explore the possibility to convert the garages to an ADU.
604 East 85th Street is a 1960 construction on a corner lot with two two-bed/one-bath units and three one-bed/one-bath units, one of which is non-conforming. The units are separately metered for gas and electricity and feature renovated bathrooms and brand new windows. The property also offers two single-car garages with tandem driveway parking and three additional surface spaces. The building does not currently offer laundry facilities, however there is space to add a laundry room.
The property is located east of the 110 Freeway just north of Manchester Avenue and directly across from South Park Elementary School.
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
604 E 85Th Street |
City |
Los Angeles |
State |
CA |
Zip |
90001 |
County |
Los Angeles |
Listing Agent |
Steven Bogoyevac DRE #01332755 |
Courtesy Of |
Steven M. Bogoyevac, Broker |
List Price |
$940,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
4,001 |
Year Built |
1960 |
Listing information courtesy of: Steven Bogoyevac, Steven M. Bogoyevac, Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 30th, 2024 at 7:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.