632 E 85th St - Apartments FOR SALE


Los Angeles, CA 90001- Canndu/Avalon Gardens
$800,000 USD
310-937-5764
632 E 85th St, Los Angeles, CA for Sale
$800,000 USD
Apartments - FOR SALE
1/3
null | 2.78% Cap Rate

632 E 85th St
Los Angeles, CA 90001
Canndu/Avalon Gardens


HIGHLIGHTS

  • Two, 3-Bedroom Units
  • 2-Car Detached Garage
  • In-Unit Laundry
  • Gated Entry with Front Yard
  • Easy Access to 110 Freeway, LAX & Downtown
  • Newer Roof

OVERVIEW

Positioned on a 5,183 SQFT. lot, this well maintained 1,776 SQFT. duplex with a newer roof offers rental stability and a centralized Los Angeles location. Professionally managed, the property features two spacious 3-bedroom residences, making it an ideal choice for an investor or an owner-occupant, at some point in the future. The gated entry opens to a landscaped front yard, providing curb appeal. Residents benefit from the convenience of a detached two-car garage plus additional open parking spaces. Inside, each unit comes with much needed in-unit laundry. Located just moments from major freeways, this property puts the best of Los Angeles within easy reach. Tenants enjoy rapid access to LAX, SoFi Stadium, USC, and Downtown LA, ensuring high demand in one of the city's most central neighborhoods.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

2

PRICE/UNIT

$400,000

CAP RATE

2.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A Duplex Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,202 SF

ZONING

LAR2

APN/PARCEL ID

6029-032-021

ASK ABOUT THIS PROPERTY

Derek FowlerRE/MAX Commercial & Investment RealtyMore Info
310-937-5764

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Derek FowlerRE/MAX Commercial & Investment RealtyMore Info
310-937-5764

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.