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$1,550,000
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Property Description
Introducing a newly built multi-unit investment at 523, 525, and 525 ½ W 85th Street in Los Angeles. This stunning brand-new construction features a modern triplex, perfect for investors, offering an exceptional blend of scale, functionality, and income potential. The triplex includes two spacious units at the front, each offering 5 bedrooms and 3 bathrooms (totaling approximately 3,120 sq ft), while the detached unit in the back provides offers 3-bedrooms and 1-bathroom (approx. 1,089 sq ft). The property also includes a four-car garage with two additional on-site parking spaces, as well as individual meters for each unit. Currently fully leased with three tenants on one-year agreements at market rents and offered at an attractive $1,725,000 price point-making it a highly competitive opportunity in today's market. With new construction and low ongoing maintenance, ownership is designed to be seamless from day one. Ideally located just minutes from SoFi Stadium, local parks, shopping, dining, and major transit corridors, this property offers both strong in-place income and long-term upside. **ALL UTILITIES PAID BY TENANTS**
Full Property Details
Full Property Details for 525 W 85th St
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26063388
- Added to Site: 68 day(s) ago
Interior
- Rooms/Areas: See Remarks
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
Location
- Area: C34 - Los Angeles Southwest
- County: Los Angeles
- Development Name: C34 - Los Angeles Southwest
- Driving Directions: Figueroa + West 85th Street, West From 110 Freeway
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 3
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,209
- Year Built: 2024
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 5
Unit 2
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 5
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Property View: None
- Lot Size (Acres): 0.1495
- Lot Size Source: Assessor
- Lot Description: Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $368.26
- Price Per Unit: 531667
Listed by Compass, Jody Clegg and Compass, Travis Stauffer
Sold by Compass, Jody Clegg
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Schools
Schools serving 525 W 85th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Park Elementary School 8510 Towne Avenue, Los Angeles, CA 90003 | K-6 | 0.4 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 1.2 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.4 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.7 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 W 85th St
Date
Details
Price
Change
Source
5/29/2026
Sold
$1,550,000
-2.82%
MLS
4/14/2026
Price Reduced
$1,595,000
-3.27%
MLS
4/11/2026
Price Reduced
$1,649,000
-4.41%
MLS
3/24/2026
Listed
$1,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
525 W 85th Street, Los Angeles, CA 90044 (MLS# OC26063388) is a Multi-Family property that was sold at $1,550,000 on May 29, 2026. Want to learn more about 525 W 85th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

