525 W 85th Street, Los Angeles, CA 90044
- $1,550,000
- Sold Price
- $1,550,000
- List Price
- $1,595,000
- Closing Date
- May 29, 2026
- Status
- CLOSED
- MLS#
- OC26063388
- Year Built
- 2024
- Lot Size
- 6,512
- Acres
- 0.15
- Lot Location
- Near Park
- Days on Market
- 27
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
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**
/u.realgeeks.media/myhomeseekers/jose-new-square2.png)
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $138,000
- Operating Expense
- 29802
- Garage Spaces
- 4
- Levels
- Two
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Jody Clegg (info@jodyclegg.com) from Listing Office: Compass.
Listing sold by Jody Clegg from Compass
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.