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$ 1,595,000
Est. payment | /mo
13 Beds
4,209 SqFt
$ 1,595,000
Est. payment | /mo
13 Beds
4,209 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,209 sqft
Price per Sqft $378
MLS Listing ID CROC26063388
Bedrooms 13
HOA Y/N No
Year Built 2024
Lot Size 6,512 Sqft
Acres 0.15
Property Sub-Type Triplex
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
Interior
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
View Y/N false
View None
Handicap Access Other
Total Parking Spaces 4
Building
Lot Description Other
New Construction No
Others
Tax ID 6032017049
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Listed by Jody Clegg • Compass
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Patrick Nagel
REALTOR® | Lic# 1760790