755 E 85th Street, Los Angeles, CA 90001
- $715,000
- 7
- BD
- 3
- BA
- 2,005
- SqFt
- List Price
- $715,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 26836887
- Year Built
- 1958
- Bedrooms
- 7
- Bathrooms
- 3
- Living Sq. Ft
- 2,005
- Lot Size
- 5,102
- Acres
- 0.12
- Days on Market
- 56
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
Excellent value-add opportunity! This Probate Sale (No Court Confirmation required), features a front two-unit Duplex with 2BDR / 1BTH each, and a detached SFR at rear on approx. 5,100 SF lot, Zoned R2-1. All Units will be Delivered Vacant at Close of Escrow. Great opportunity to renovate SFR and lease all units to maximize rental income, while also benefiting from on-site parking and creating additional income potential. Public records indicate the property is located in a (TOC) area; Buyer to verify, and may offer future redevelopment potential, making it attractive for both cash-flow and long-term investment strategies. Buyer shall conduct their own due diligence to their satisfaction and verify All zoning, TOC incentives, development opportunities, RSO, and land-use regulations with the appropriate City of Los Angeles departments and other corresponding governing agencies. This is a Probate Sale. No Court Confirmation required. This Property is sold As-Is, Where-Is.
Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Miriam Wydermyer (wydermyerteam@gmail.com) from Listing Office: Realty One Group United.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.