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Description Open House Details Location Market Trends Schools Recent Sales

$985,000 Est. $3,627 / mo.^*

229 E 85th Street Los Angeles , CA 90003

Property listed by BRC Advisors- BH, Mike Iryami {attribution_contact}

Property Description

Description

3 Units

Property Type: Other

Status: Active

Year Built: 1949

Days on Website: 34

229-231 E 85th St is a three-unit multifamily property centrally located and just minutes from Downtown LA. These three units consist of (3) 3-bed/1-bath units and are currently generating fantastic income. One of the units is a newly built three-bedroom one-bathroom ADU built in 2023. All units are currently occupied. The rents are as follows: $3048(Section8), $3640(section8), ADU $4100(Section8). This property also offers on-site parking for each unit. Property has newer electrical panel.

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Property Details and Features

Bathrooms

3 total bathrooms

Bedrooms

9 total bedrooms

Building

Built in 1949

Building area total:

2,847

Levels:

MultiSplit

Living area:

2847

2 buildings

Architectural style:

Craftsman

Cooling

None

Heating

WallFurnace

Income

Gross income:

$129,456

Net operating income:

$108,737

Listing

ListingID:

25516561

Standard status:

Active

8 days on market

Location

Country:

US

Lot

0.1194 acres

5,202 square feet

Size:

5,202

Parking

3 open parking spaces

3 totals parking

Concrete

Possession

CloseOfEscrow

Property

Zoning:

LAR3

None

Sewer

SewerTapPaid

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Contact an Agent

951-314-5402

Location

$985,000 -

229 E 85th Street Los Angeles , CA 90003

Country: US

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Street View

Nearby Schools

Recent Sales in the Area

Mortgage Calculator

951-314-5402

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30, 2025 5:31PM and/or other sources. 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.

CA DRE Lic# 01346382 | 02078365 © 2025 Brian Bean - Homeowner Advocate | Real Estate Broker. All Rights Reserved. Copyright © 2025 California Regional MLS. All Rights Reserved. Real Estate Website Design by Home Junction, Inc.

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