604 E 85th, Los Angeles, CA 90001

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
604 E 85th,Los Angeles, CA 90001
$865,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: varinder kumar luhanibal
Office: vk luxury real estate
MLS#:OC26055228
Source:San Diego MLS via CRMLS

Price summary

  • Price:$865,000

About this home

Prime investment opportunity in the heart of Florence, South Los Angeles! This well-maintained 5-unit multi-family building (built 1960, 3,128 sq ft on 4,001 sq ft lot) offers strong income potential with 100% occupancy and month-to-month (MTM) tenancies across all unitsno active leases to complicate ownership. Current rent roll (as of March 1, 2026) shows total monthly gross scheduled income of $5,283.89: (1) 2 bed / 1 bath 1,080 sq ft $1,243.73 (2) 1 bed / 1 bath 870 sq ft $1,108.54 (1) 2 bed / 1 bath 870 sq ft $1,039.00 (1) 1 bed / 1 bath 870 sq ft $1,054.46 (1) 1 bed / 1 bath $838.16 Rents are below current South LA market averages (where 1BR units often exceed $1,600$2,000+ and 2BR $2,000$2,700+ per recent data), providing significant upside through allowable increases under the City of Los Angeles Rent Stabilization Ordinance (RSO), which applies to this pre-1978 property. Additional features: 2 enclosed garages + open parking (total ~5 spaces), 2-story wood/stucco...

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Home facts

  • Listing ID #:OC26055228
  • Added:1 day(s) ago
  • Updated:March 15, 2026 at 10:46 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$865,000
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