1340 85th St
Los Angeles, CA 90044

Bd   Ba   3,921 Sqft   146 Days
GREAT INVESTMENT OPPORTUNITY!!! Property was total rehabbed inside and outside with full permit 2 years ago. 3 out of 4 units are totally updated with new doors, windows, laminate and tile flooring, tiled bathroom and new updated kitchen. Unit 1 is fully updated 1 bed/ 1 bath, currently rented $1,000/month. Unit 2 is partially updated with 3 beds/ 1 bath, currently rented at $750/month. Unit 3 is fully updated with 3 beds/ 2 baths, currently rented at $1900/month. Unit 4 is fully updated with 3 beds/ 1 bath, currently rented at $1750/ month. All units have large bedrooms and good size closet. All tenants are great long term tenants with month to month contracts. Property has secured fenced, community back yards, carports and parking space in front of building. Seller is out of the area and is motivated to sell.
  • $0 HOA
  • $203/Sqft
  • MLS#PW16182486 provided by Nina Nguyen of L.S. Gateway Realtors
  • Movoto last checked CRMLS for new data 14 minutes ago
  • CRMLS last updated this listing 8 months ago

Home Features for 1340 85th Street, Los Angeles

Year Built: 1965
Lot Size Acres: 0.13
Lot Size Square Feet: 5898
Lot Size Units: Square Feet
Lot Size Area: 5898
Price Per Square Foot: 202.75
Tax Lot: 116
New Taxes Expense: 5000
Parcel Number: 6033001004
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Levels: Two
Entry Location: Ground Level No Steps
Common Walls: No Common Walls
Building Area Units: Square Feet
Number Of Buildings: 1
Building Area Total: 3921
Parking Features: Assigned
Carport Spaces: 2
Parking Total: 9
Garage Spaces: 1
Number Of Units Total: 4
Amenities / Utilities
Fireplace Features: None
Trash Expense: 600
Water Sewer Expense: 2400
Electric Expense: 1500
Community Features: Suburban
Spa Features: None
Pool Features: None
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Property History for 1340 85th Street, Los Angeles

Status
Date
Price
Sold
Jan 10, 2017
$795,000
Price Change
Oct 23, 2016
$810,000
Listed
Aug 17, 2016
$850,000
#PW16182486

Real Estate Market Statistics for 1340 85th Street, Los Angeles

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1340 85th Street

No data!
Congress Southwest
Los Angeles
90044
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$810K

1340 85th Street

$502K

Congress Southwest

0% y/y

Congress Southwest

$440K

90044

3% y/y

90044

$969K

Los Angeles

1% y/y

Los Angeles

See all trends for Los Angeles
As of today, there are 42 properties listed for sale in ZIP code 90044 and 2,010 properties listed for sale in the city of Los Angeles, CA. This property at 1340 85th St in 90044 was last listed for $795,000. This is 18% below the current $969,950 median price for Los Angeles and 81% above the median of $440,000 for 90044. Of the 2,010 properties for sale in Los Angeles, 1,413 are single family homes and 597 are condos. 1340 85th St is a multi family home that is approximately 3,921 square feet, 132% above the Los Angeles median of 1,688 and 208% above the 90044 ZIP code median of 1,271. The price per Sqft was $203 which is 40% below the current median price in 90044 of $338 and 66% below the Los Angeles median of $598 per square foot.
Built in 1965, this multi family house at 1340 85th St, Los Angeles CA, 90044 is approximately 3,921 square feet and comes with 9 parking spots. It was last listed with a cost per Sqft of $203. 1340 85th St is located in the Congress Southwest neighborhood in the Los Angeles Unified School District. The closest school is La Salle Avenue Elementary School.

1340 85th St, Los Angeles CA, 90044 was on the market for 146 days. The median days on the market for properties in this area is 42 with a median list price of $969,950 and median cost per square foot of $598. Its current status is sold under the MLS #PW16182486.

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