Prime 4-Unit Income Property – Great Potential! Seize this incredible investment opportunity with this 4-unit multifamily property, offering immediate rental income and strong future upside! Situated in a desirable neighborhood, this well-maintained property features four spacious units, each with consistent tenants, ensuring steady cash flow from day one. This property presents a great opportunity for investors looking to expand their portfolio with an asset that has both immediate returns and long-term appreciation potential. Whether you're seeking a buy-and-hold investment or a value-add renovation project, this income-generating property is a must-see! Don’t miss out!
Off market
$1,036,200
1523 E 85th St, Los Angeles, CA 90001
--beds
--baths
3,770sqft
Quadruplex
Built in 1988
-- sqft lot
$1,036,200 Zestimate®
$275/sqft
$2,776 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 01, 2025 at 10:18am
Source: CRMLS,MLS#: FR25070225
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Gas Water Heater, Water Heater
- Laundry: None
Features
- Ceiling Fan(s), All Bedrooms Down
- Flooring: Carpet, Laminate, Tile, Vinyl
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,770
- Total interior livable area: 3,770 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Carport, Detached Carport, Driveway, Garage Faces Rear
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One,Two
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Average Condition,Chain Link,Fair Condition
- Has view: Yes
- View description: Neighborhood, None
Lot
- Size: 7,794 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 6028033021
- Zoning: LCR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Gated with Attendant, Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Alley Paved
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Estimated market value
$1,036,200