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$775,000   Price Analysis
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1538 W 85th St
Los Angeles, CA 90047
4 bed 2 bath 1,779 SqFt ($435/SqFt)
6,981SqFt lot. Built 1949
Listed 2024-01-23, Taxes $7,697
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

T wo nice separate houses on a lot in Los Angeles for sale.

Each unit is a 2 bedroom 1 bath with good floor plans. Property is tenant occupied and will be sold tenant occupied. Perfect opportunity to purchase an income property.

This property is located within 3 miles of the exciting new SoFi stadium and entertainment complex in Inglewood. Close to grocery stores.


Presented by Samuel Williams at
HOME TEAM REALTY.


Property MLS #IN24013060 from CRMLS

Bedrooms: 4

Appliances: Gas Water Heater, Trash Compactor, Vented Exhaust Fan, Water Heater
Appliances YN: Yes
Laundry Features: Gas & Electric Dryer Hookup

Kitchen, Living Room

Full Bathrooms: 2

Flooring: Tile, Vinyl
Window Features: Double Pane Windows

Fencing: Fence YN: Yes, Fencing: Good Condition
Other Structures: Two On A Lot

Carport Spaces: 2
Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Carport, Detached Carport, Driveway, Asphalt
Parking Total: 6

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1602617
Lot Size Source: Assessor
Lot Size Square Feet: 6981

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Number of Units Leased: 2
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Biking

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Exclusions: ALL TENANTS PROPERTY
Insurance Expense: 1500.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 6034029005
Postal Code Plus 4: 5414
Trash Expense: 120.00
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$117,300 + $510,000
$627,300
$7,697
2021$38,154 + $153,829
$191,983
$2,626
2020$37,763 + $152,252
$190,015
$2,647
2019$37,023 + $149,267
$186,290
$2,555
2018$36,298 + $146,341
$182,639
$2,439
2017$35,587 + $143,472
$179,059
$2,391
2016$34,890 + $140,659
$175,549
$2,320
2015$34,366 + $138,547
$172,913
$2,289
2014$33,693 + $135,834
$169,527
$2,305
2013$33,541 + $135,221
$168,762
$2,299
2012$32,884 + $132,570
$165,454
$2,329
2010$32,240 + $129,971
$162,211
$4,384
2009$40,800 + $285,600
$326,400
$4,222
2009$40,703 + $284,923
$325,626
$4,222
2008$80,490 + $186,344
$266,834
$3,413
2007$78,912 + $182,691
$261,603
$3,301

Price Changed 2024-05-17
$775,000
CRMLS
Listed 2024-01-23
$800,000
CRMLS
Sold 2021-04-14
$615,000
TheMLSCLAW
Listing removed 2016-08-23
$450,000
TheMLSCLAW
Relisted 2016-08-15
$450,000
TheMLSCLAW
Listing removed 2016-08-10
$450,000
TheMLSCLAW
Listed 2016-07-18
$450,000
TheMLSCLAW
Listing removed 2014-09-18
$1,295
AppfolioUnits
Listed for rent 2014-09-09
$1,295
AppfolioUnits
Listing removed 2010-02-25
$167,800
TheMLSCLAW
Sold 2010-02-24
$160,800
ITECH
Listing removed 2010-02-10
$167,800
SoCalMLS
Listing removed 2010-01-23
$167,800
TheMLSCLAW
Relisted 2010-01-05
$167,800
TheMLSCLAW
Listing removed 2009-08-23
$167,800
TheMLSCLAW
Relisted 2009-08-13
$167,800
TheMLSCLAW
Listing removed 2009-06-20
$167,800
TheMLSCLAW
Price Changed 2009-06-06
$167,800
TheMLSCLAW
Relisted 2009-05-27
$174,800
TheMLSCLAW
Listing removed 2009-05-18
$174,800
TheMLSCLAW
Listed 2009-04-29
$174,800
TheMLSCLAW
Listed 2009-04-23
$167,800
ITECH
Listed 2009-04-23
$167,800
TheMLSCLAW
Listed 2009-04-23
$167,800
SoCalMLS
Sold 2003-04-07
$242,000
ITECH
Listed 2003-01-19
$235,000
ITECH
Listing removed 1997-07-13
$130,000
ITECH
Listed 1997-01-13
$130,000
ITECH
Sold 1984-04-27
$76,500
Public Record
Sold 1983-10-13
$57,000
Public Record

Net Operating Income: 3100.00

Total Square Feet Living: 1779
Year Built: 1949
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: FRONT DOOR
Property Age: 75
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 190.00
Water Source: Public

La Salle Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Horace Mann Ucla Community is a public middle and high school located approximately 1.2 miles away.
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Marie Fegan Schools is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.