
1722 W 85th St Los Angeles, CA 90047
Manchester Square NeighborhoodAbout This Home
As of October 2024The Stiegler Takahashi Group proudly presents 1722 W 85th St in Los Angeles. This 4-unit apartment complex includes (1) 4-bedroom, 2-bathroom unit and (3) 2-bedroom, 1-bathroom units. The spacious 5,082 sqft building is situated on a 6,975 sqft lot, with washer/dryer hookups in each unit. Two units have been extensively remodeled inside and out, offering potential for market-rate rents. With two vacant units ready for immediate occupancy, this property presents an excellent opportunity for an owner-user to live in one unit and rent out the others, or for an investor seeking a cash-flowing asset to add to their portfolio. Contact us today for more information on this exceptional investment opportunity.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-403-9145 License #01981597

Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-403-9145 License #01944770
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,326
Year Built
- Built in 1966
Lot Details
- 6,975 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- Apartment
Interior Spaces
- 5,082 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Urban Location
Listing and Financial Details
- Tax Lot 683
- Tax Tract Number 4511
- Assessor Parcel Number 6034030007
- $20,613 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $360
- Fuel Expense $360
- Insurance Expense $2,670
- Trash Expense $720
- Water Sewer Expense $2,160
- Operating Expense $33,359
- Gross Income $125,309
- Net Operating Income $94,450
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,300,000 | Old Republic Title | |
Grant Deed | $1,050,000 | Progressive Title | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $975,000 | New Conventional | |
Previous Owner | $1,045,750 | Construction |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/25/2024 10/25/24 | Sold | $1,300,000 | -10.3% | $256 / Sq Ft |
07/30/2024 07/30/24 | Price Changed | $1,449,000 | -5.6% | $285 / Sq Ft |
06/28/2024 06/28/24 | Price Changed | $1,535,000 | -6.9% | $302 / Sq Ft |
05/07/2024 05/07/24 | For Sale | $1,649,000 | +57.0% | $324 / Sq Ft |
12/26/2023 12/26/23 | Sold | $1,050,000 | -4.5% | $207 / Sq Ft |
11/01/2023 11/01/23 | Pending | -- | -- | -- |
10/24/2023 10/24/23 | For Sale | $1,100,000 | -- | $216 / Sq Ft |
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $13,326 | $1,050,000 | $735,000 | $315,000 |
2023 | $2,700 | $163,989 | $26,601 | $137,388 |
2022 | $2,602 | $160,775 | $26,080 | $134,695 |
2021 | $2,539 | $157,623 | $25,569 | $132,054 |
2020 | $2,553 | $156,007 | $25,307 | $130,700 |
2019 | $2,477 | $152,949 | $24,811 | $128,138 |
2018 | $2,318 | $149,951 | $24,325 | $125,626 |
2016 | $2,167 | $144,131 | $23,382 | $120,749 |
2015 | $2,141 | $141,967 | $23,031 | $118,936 |
2014 | $2,178 | $139,187 | $22,580 | $116,607 |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24091163

APN: 6034-030-007
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