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7-Bedroom ResidentialIncome — 755 E 85th Street, Los Angeles, CA

$715,000

755 E 85th Street, Los Angeles, CA

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About this property

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.

Property details

Bedrooms
7
Bathrooms
3
Square feet
2,005
Year built
1958
Property type
ResidentialIncome

Location

755 E 85th Street • Los Angeles, CA 90001

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Listed by

Miriam Wydermyer · Realty One Group United