837 W 85TH Street, Los Angeles CA

We are pleased to offer this five unit multifamily investment offering, located in the City of LA - SUBJECT TO RENT CONTROL ORDINANCE. There are two separate parcels that make up the 9,103 sq ft lot with a 3+2 SFR in front and a 4PLEX with two (2) 1+1 and two (2) 2+1 units located in the rear. The subject property was constructed of wood frame stucco in 1912 but completely rehabbed in 2008 after fire damage. The four units in the rear were a move-on in 1986, and the total rentable square foot is approx. 4,008 per public records. Recent building upgrades include a brand new water heater (100 gallon) in 2016, newer windows installed throughout, with 3 units recently being remodeled with fresh interior paint, new kitchen counter tops, laminate flooring, tile kitchen and bathroom floors, etc. Building amenities include a wrought iron secured entry and gate, nine on-site tuck-under parking spaces w/ addtl. on-site open parking, and the property is separately metered for gas & electricity.