Craftsman-Style
For Sale
$799,999
207 W 85TH PLACE, Los Angeles, CA 90003
The 1912 property offers two residential units near schools, public transportation, and major freeways.
Property Size1,783 SF
Price / SF$448.68
Days on Market180
Property Features for 207 W 85TH PLACE
General Information
Standard status
Active
Size
1,783 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Florence
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
1,783 SF
Year Built
1912
Construction
Craftsman
Listing Agency:
Empire Realty
Listed By:
Mark Torres · License #01731959
(562) 244-7889
Source:
Carrabbagroup
Added: May 1
Changed: Oct 26
Last Checked: Oct 26 at 2:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Empire Realty
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Investment Insights
Based on property information with market context.
This 1,783-square-foot duplex was built in 1912 and features Craftsman-style architecture. The property is described as well maintained, though specific improvements are not detailed.
Schools, public transportation, and major freeways are nearby. The two-unit configuration provides residential space in Los Angeles.
Schools, public transportation, and major freeways are nearby. The two-unit configuration provides residential space in Los Angeles.
Key Highlights
- Duplex with 1,783 square feet
- Built in 1912 with Craftsman‑style architecture
- Near schools, public transportation, and major freeways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,364
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,280
$807.3K
Cap Rate 7%
$576,629
$576.6K
Cap Rate 9%
$448,489
$448.5K
Market Conditions
NOI Build-Up for 1,783 SF
Gross rent
$58.8K $33.00/SF
− Vacancy
−$1.2K −$0.66/SF
EGI
$57.7K $32.34/SF
− OpEx
−$17.3K −$9.70/SF
NOI
$40.4K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,280
Cap Rate 7%
$576,629
Cap Rate 9%
$448,489
Alternative Uses
Best Use
Apartment 5plus
$31.52M
$27.58M – $36.78M
NOI $2,206,559 @ 7.0% cap · market cap 275.82%
Second Best
Multifamily LT 5
$576.6K
$504.6K – $672.7K
NOI $40,364 @ 7.0% cap · market cap 5.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,338
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The 1912 property offers two residential units near schools, public transportation, and major freeways.
Where is this duplex located?
The property is located at 207 W 85TH PLACE Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Duplex with 1,783 square feet; Built in 1912 with Craftsman‑style architecture; Near schools, public transportation, and major freeways
