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Steven Shearrill

steven.shearrill@gmail.com +1(619) 368-7141

$ 1,595,000

Est. payment | -/mo

6,512 Sqft Lot

Save

$ 1,595,000

Est. payment | -/mo

Save

6,512 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26063388

HOA Y/N No

Year Built 2024

Lot Size 6,512 Sqft

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

Area C34 - Los Angeles Southwest

Interior

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

View None

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6032017049

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jody Clegg Compass 714-515-7052, DRE #01230876

Schools and Properties Nearby

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+1(619) 368-7141

steven.shearrill@gmail.com

Learn More About LPT Realty

525 W 85th ST Los Angeles, CA 90044