604 E. 85th Street
$915,000
604 East 85th Street, Los Angeles, CA 90001
For Sale
Unknown Listing Type
Active
Last Updated: 01/25/2024
4.38
Cap Rate
40,050
NOI
Details:
Cap Rate: 4.38%
NOI: $40,050
Building Size: 3,128 sqft
Lot Area: 4,001 acres
Units: 5
Year Built: 1960
Floors: 2
Parking Spots: 5
Description:
2-story Wood Stucco with two enclosed garages and three open parking spaces on the property and street parking also available. Built in 1960, two of the units have ben re-habbed. Excellent condition
Property is located on 85th & Avalaon, one block north of Manchester, east of the 110 Freeway on the South Gate border.
Significant upside potential. Rents have not been raised in two years. 4% bump upon COE
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