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Listed by Jody Clegg, DRE #01230876 • Compass
$1,595,000
Est. payment /mo
6,512 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26063388
Year Built 2024
Lot Size 6,512 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Introducing a newly built multi-unit investment at 523, 525, and 525 ½ W 85th Street in Los Angeles. This stunning brand-new construction features a modern triplex, perfect for investors, offering an exceptional blend of scale, functionality, and income potential. The triplex includes two spacious units at the front, each offering 5 bedrooms and 3 bathrooms (totaling approximately 3,120 sq ft), while the detached unit in the back provides offers 3-bedrooms and 1-bathroom (approx. 1,089 sq ft). The property also includes a four-car garage with two additional on-site parking spaces, as well as individual meters for each unit. Currently fully leased with three tenants on one-year agreements at market rents and offered at an attractive $1,725,000 price point-making it a highly competitive opportunity in today's market. With new construction and low ongoing maintenance, ownership is designed to be seamless from day one. Ideally located just minutes from SoFi Stadium, local parks, shopping, dining, and major transit corridors, this property offers both strong in-place income and long-term upside. **ALL UTILITIES PAID BY TENANTS**
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Cooling Central AC
Laundry Other
Exterior
Garage Spaces 4.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 6032017049
Special Listing Condition Not Applicable
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