130 W 85th,Los Angeles, CA 90003
Los Angeles, CA 90003
Description
**TRIPLEX PLUS PERMITTED ADU A TOTAL OF 4 UNITS, 2 UNITS ARE VACANT** Incredible investment opportunity in the heart of South Los Angeles! This well-positioned income property features a triplex plus a fully permitted ADU for a total of 4 units, offering immediate cash flow with significant upside potential on two vacant units ready to lease today. The front house (Unit 1) is a spacious 3 bedroom and 1 bathroom home that was tastefully remodeled approximately 3 years ago and is currently occupied at $3,100/month. Unit #2, located upstairs on the left rear of the property, is a 1 bedroom and 1 bathroom unit currently occupied at $2,100/month. Unit #3 is a brand new fully permitted ADU on the ground level featuring 3 bedrooms and 1 bathroom - vacant and move-in ready, commanding top market rents from day one. Unit #4 is a 1 bedroom and 1 bathroom upper right unit that is also vacant and ready for a new tenant. The property sits in a prime location close to everything - parks, schools, restaurants, shopping centers, churches, and public transportation. Easy access to the 110 and 10 Freeways makes commuting a breeze for tenants, ensuring strong and consistent rental demand. Whether you are a seasoned investor or looking to house hack and have your tenants pay your mortgage, this property checks every box. Two vacant units mean YOU set the rents with no existing tenant restrictions. Do not miss this rare opportunity to own a 4-unit income property in one of Los Angeles' most in-demand rental markets.
Details
| MLS # | OC26174408 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1923 |
| Days On Site | 42 |
| Listing Provided By | The Oppenheim Group | Diana Hernandez |
Features
| SQ Feet | 2,876 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.12 |
Exterior
| Lot Features | Two To Five Units Acre, No Landscaping |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90003) | |
Price: $1,025,000 low | high Med: $925,000 sqft: 2,876 low | high Med: 3,193 $ / sqft: $356 low | high Med: $296 On site: 42 low | high Med: 41.5 | |
Market Activity 90003
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90003) | |
Price: $1,025,000 low | high Med: $925,000 sqft: 2,876 low | high Med: 3,193 $ / sqft: $356 low | high Med: $296 On site: 42 low | high Med: 41.5 | |
 | $1,190,000115 W 86thLos Angeles, CA 90003 |
 | $4,6008223 S MainLos Angeles, CA 90003 |