5-Unit Apartment
For Sale
$1,025,000
837 W 85th St, Los Angeles, CA 90044
A fully occupied residential property combines a varied unit mix with on-site parking.
Property Size3,896 SF
Lot Size0.11 Acres
Price / SF$263.09
Days on Market11
Property Features for 837 W 85th St
General Information
Standard status
Active
Size
3,896 SF
Net Rentable
3,896 SF
Lot size
0.11 Acres
Property subtype
Income
Occupancy
100%
Financials
Asking Price
$1,025,000
Cap Rate
7.98%
Gross Rent Multiplier
7.71
Site & Location
Neighborhood
Vermont Knolls
Units
Unit Mix
1 x 4BR/2BA, 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
5
Additional Details
Tenant in Place
Yes
Amenities
on-site parking
Building Details
Year Built
1986
Listing Agency:
BRC Advisors- BH
Listed By:
Sam Grayeli · License #01299288
(310) 995-4650
Source:
Forwardinglewood
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:04PM
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 BRC Advisors- BH
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Investment Insights
Based on property information with market context.
At 837 W. 85th Street, this five-unit apartment property contains approximately 3,896 rentable square feet on an approximately 5,003-square-foot lot. The unit mix includes a four-bedroom, two-bathroom residence, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units. On-site parking serves residents. The building dates to 1986 and is fully occupied.
A new roof was installed in 2023, three units have been remodeled, and the property has received SB 721 clearance for balconies and exterior elevated elements. Financial metrics provided include a 7.71 GRM and a 7.98% capitalization rate.
A new roof was installed in 2023, three units have been remodeled, and the property has received SB 721 clearance for balconies and exterior elevated elements. Financial metrics provided include a 7.71 GRM and a 7.98% capitalization rate.
Key Highlights
- Five units: one 4‑bedroom/2‑bathroom residence, two 2‑bedroom/1‑bathroom units, and two 1‑bedroom/1‑bathroom units
- Approximately 3,896 rentable square feet on an approximately 5,003‑square‑foot lot
- Fully occupied; 7.71 GRM and 7.98% capitalization rate
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A fully occupied residential property combines a varied unit mix with on-site parking.
Where is this apartment building located?
The property is located at 837 W 85th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Five units: one 4‑bedroom/2‑bathroom residence, two 2‑bedroom/1‑bathroom units, and two 1‑bedroom/1‑bathroom units; Approximately 3,896 rentable square feet on an approximately 5,003‑square‑foot lot; Fully occupied; 7.71 GRM and 7.98% capitalization rate
