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$1,025,000
New Listing

837 W 85th Street
Los Angeles, CA 90044

For Sale|Residential Income|Active
10
Beds
5
Total Baths
3,896
SqFt
$263
/SqFt
1986
Built
County:
Los Angeles
Listed by Sam Grayeli of BRC Advisors- BH [email protected]

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837 W 85th Street837 W 85th Street837 W 85th Street837 W 85th Street
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BRC Advisors is please to offer 837 W. 85th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90044. The property offers an attractive and diversified unit mix consisting of one four-bedroom, two-bathroom single-family residence, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units. The improvements total approximately 3,896 rentable square feet and are situated on an approximately 5,003-square-foot lot. The property also provides ample on-site parking for residents. Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds along with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Offered at $1,025,000, the property represents a stable, income-producing investment opportunity with an attractive 7.71 gross rent multiplier and a 7.98% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include the installation of a new roof in 2023, and three of the five units have been remodeled. The property has also received its required SB 721 balcony and exterior elevated-element clearance, reducing near term capital exposure for a new owner. With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 837 W. 85th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

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Listing Snapshot
Price 
$1,025,000
Days On Site 
0 Days
Bedrooms 
10
Inside Area (SqFt) 
3,896 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1149 Acres
Year Built 
1986
MLS® Number 
26874205
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Acres 
0.1149
Land Lease 
No
Levels 
Multi/Split
Number Of Stories 
1
Parking Spaces 
5
Property Condition 
Updated/Remodeled
Special Circumstances 
Standard
SqFt Total 
3896
Zoning 
LAR4
Interior Features
Appliances 
Disposal
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Frame
Pool Features 
None
Roof 
Shingle
Spa Features 
None
Community Features
MLS Area 
C36 - Metropolitan Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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