755 E 85th Street

Property Overview
Excellent value-add opportunity! This Probate Sale (No Court Confirmation required), features a front two-unit Duplex with 2BDR / 1BTH each, and a detached SFR at rear on approx. 5,100 SF lot, Zoned R2-1. All Units will be Delivered Vacant at Close of Escrow. Great opportunity to renovate SFR and lease all units to maximize rental income, while also benefiting from on-site parking and creating additional income potential. Public records indicate the property is located in a (TOC) area; Buyer to verify, and may offer future redevelopment potential, making it attractive for both cash-flow and long-term investment strategies. Buyer shall conduct their own due diligence to their satisfaction and verify All zoning, TOC incentives, development opportunities, RSO, and land-use regulations with the appropriate City of Los Angeles departments and other corresponding governing agencies. This is a Probate Sale. No Court Confirmation required. This Property is sold As-Is, Where-Is.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1958
- Living area
- 2,005 sq ft
- Lot size
- 5,102 sq ft
- Parking
- 3 spaces
- Stories
- 2.0
- Days on market
- 8
- MLS status
- Active
- Zoning
- LAR2
Features & Amenities
Parking
- Uncovered
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- None
Location & Neighborhood
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