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604 E. 85th Street

$915,000

604 East 85th Street, Los Angeles, CA 90001

Active
Last Updated: 01/23/2024

4.38

Cap Rate

40,050

NOI

Details:
Cap Rate:    4.38%
NOI:    $40,050
Building Size:    3,128 sqft
Lot Area:    4,001 sqft
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.  Excelent condition


Property is located on 85th & Avalon, 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

Map:
Location
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