604 E 85th Street Los Angeles, CA 90001
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID NumberPW24156423
- Home Size Source N/A
- Year Built1960
- Lot Size0.0919 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 7
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.0919
- Water Public
- Garage Spaces 2
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Pool Features None
- Lot Corner Lot
Community Features
- Community Features Urban
- Senior Community No
- MLS Area C37 - Metropolitan South