Sold 2/10/17

837 W 85th St
Los Angeles, CA 90044

Bd   Ba   4,008 Sqft   217 Days
We are pleased to offer this five unit multifamily investment offering, located in the City of LA - SUBJECT TO RENT CONTROL ORDINANCE. There are two separate parcels that make up the 9,103 sq ft lot with a 3+2 SFR in front and a 4PLEX with two (2) 1+1 and two (2) 2+1 units located in the rear. The subject property was constructed of wood frame stucco in 1912 but completely rehabbed in 2008 after fire damage. The four units in the rear were a move-on in 1986, and the total rentable square foot is approx. 4,008 per public records. Recent building upgrades include a brand new water heater (100 gallon) in 2016, newer windows installed throughout, with 3 units recently being remodeled with fresh interior paint, new kitchen counter tops, laminate flooring, tile kitchen and bathroom floors, etc. Building amenities include a wrought iron secured entry and gate, nine on-site tuck-under parking spaces w/ addtl. on-site open parking, and the property is separately metered for gas & electricity.
  • $0 HOA
  • $188/Sqft
  • MLS#16141982 provided by Ian Hollinger of BRC Advisors Inc.
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 7 months ago

Home Features for 837 W 85th Street, Los Angeles

Year Built: 1986
Lot Size Square Feet: 9103
Lot Size Units: Square Feet
Price Per Square Foot: 187.75
Parcel Number: 6032011026
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Number Of Buildings: 1
Building Area Total: 4008
Parking Features: Street, Driveway, Covered Parking
Parking Total: 9
Number Of Units Total: 5
Amenities / Utilities
Appliances: None
Laundry Features: None
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Property History for 837 W 85th Street, Los Angeles

Status
Date
Price
Sold
Feb 10, 2017
$752,500
Pending
Jan 2, 2017
#16141982
Active
(Under Contract)
Dec 5, 2016
Price Change
Nov 7, 2016
$775,000
Listed
Nov 7, 2016
Pending
Nov 2, 2016
Listed
Oct 13, 2016
$777,500
#16171298
Listed
Jul 28, 2016
Active
(Under Contract)
Jul 13, 2016
Listed
Jul 8, 2016
$795,000
#16141982

Real Estate Market Statistics for 837 W 85th Street, Los Angeles

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837 W 85th Street

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

List Price

$795K

837 W 85th Street

$370K

Congress Southeast

-1% y/y

Congress Southeast

$440K

90044

3% y/y

90044

$959K

Los Angeles

0% y/y

Los Angeles

See all trends for Los Angeles
837 W 85th St in ZIP code 90044 is a multi family home that was last listed for $752,500. This is 71% above the current median of $440,000 for 90044 and 22% below the current median price of $959,450 for the city of Los Angeles, CA. As of today, , there are 44 properties listed for sale in the 90044 area and 2,000 properties listed for sale in Los Angeles. Of those 2,000 properties for sale, 1,405 are single family homes and 595 are condos. 837 W 85th St is approximately 4,008 Sqft, 140% above the Los Angeles median of 1,672 and 208% above the 90044 ZIP code median of 1,303. The price per square foot was $188 which is 44% below the current median price in 90044 of $337 and 69% below the Los Angeles median of $597 per Sqft.
Built in 1986, this multi family house at 837 W 85th St, Los Angeles CA, 90044 is approximately 4,008 square feet and comes with 9 parking spots. It was last listed with a cost per Sqft of $188. 837 W 85th St is located in the Congress Southeast neighborhood in the Los Angeles Unified School District. The closest school is Danny J. Bakewell, Sr., Primary Center.

837 W 85th St, Los Angeles CA, 90044 was on the market for 217 days. The median days on the market for properties in this area is 42 with a median list price of $959,450 and median cost per square foot of $597. Its current status is sold under the MLS #16141982.

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