List Search

837 W 85th St
Los Angeles, CA 90044 South Central LA

$1,025,000 USD

Apartments For Sale  •  3,896 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,896 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 7.97 %
  • Zoning LAR4
70 Transit Score
60 Walk Score

Highlights

Balanced unit mix of one 4-bedroom/2-bathroomtwo 2-bedroom/1-bath units and two 1-bedroom/1-bath unit.
Three out of five units have been recently renovated, providing a turnkey investment profile.
Newer exterior paint, newer roof (2023), new vinyl windows, owner owed laundry equipment and common area laundry room.
On-site parking, a valuable amenity in a dense Los Angeles submarket that supports tenant retention.
Separately metered for gas and electricity, allowing for efficient utility management and improved operating expense control.
Strong rental demand market, supported by a dense residential population and long-term housing fundamental.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $81,829 USD (2026)
Cap Rate: 7.97 %
Total Expenses: $44,411 USD

Public Transportation

Commuter RailDriveWalkDistance
14 min - 9.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.6 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 8.1 mi
Long Beach (Daugherty Field) 23 min - 16.3 mi
Bob Hope 33 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Sam Grayeli 310-525-3711 BRC Advisors - BH, Inc.
Sam Grayeli 310-525-3711 BRC Advisors - BH, Inc.