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624 W 85th St, Los Angeles, CA, 90044

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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624 W 85th St, Los Angeles$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1964
MLS #DW24211783
Lot Size0.15 Acres
StatusActive

About 624 W 85th St

Welcome to 624 W. 85th St., a fantastic 4-unit multifamily property centrally located just minutes away from Downtown Los Angeles, SoFi Stadium, and LAX. This income-producing gem features one spacious 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units, making it ideal for rental investment or owner occupancy. Live in one unit and collect rental income from the other three! With its prime location and income potential, this property is a great opportunity for investors or families looking to make a home while earning additional revenue. Don't miss out on this rare offering in a highly sought-after area!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 572-4661
  • Listing Agent: Luis Carlos Hernandez

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Manchester/Figueroa

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000

Tax Information:

  • Annual Amount: $5,111
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

624 W 85th St vs Los Angeles

42 DAYS ON ROCKET

+4 Days

$1,300,000

+$276.5K More

KEY TAKEAWAY

This property is $276.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24211783

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 572-4661
  • Listing Agent: Luis Carlos Hernandez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,111$388,217
2020$4,968$384,237
2019$4,839$376,704
2018$4,743$369,318
2017$4,743$362,077

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-891576
6
/10

  • Manchester Elementary School

  • 661 W 87th St

  • 0.15 miles

  • Public District Grades 1-6

school-card-donut-891577
6
/10

  • Kipp Empower Academy

  • 8466 S Figueroa St

  • 0.16 miles

  • Public Charter Grades KG-4

school-card-donut-891578
4
/10

  • Loren Miller Elementary School

  • 830 W 77th St

  • 0.63 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,063. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 624 W 85th St

What is the listing price of this property?

The listing price of 624 W 85th St property is $1,300,000.

What type of property is this?

The property 624 W 85th St is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 624 W 85th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,111 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 624 W 85th St is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›624 W 85th St

This home is located at 624 W 85th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This home, which was built in 1964, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $1,300,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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