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Listed price in listed location currency (USD).
$865,000

002

MLS® OC26055228

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1960
MLS® Number OC26055228

Property Address: 604 W 85th Pl, Los Angeles, CA, 90001

Average square foot calculated using Size range provided by listing agent.

Description

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 units—no 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 construction, front entry location. One unit noted as non-conforming—property technically qualifies as 4-unit for some residential financing options (buyer to verify with lender). Sold with tenants in place; buyer can pursue vacancy decontrol or other strategies post-closing per RSO rules. Ideal for cash-flow investors seeking stable income in a high-demand area with proximity to major freeways, amenities, and ongoing South LA revitalization. Rent roll, leases (MTM), and supporting docs available. Don't miss this solid performer—schedule your showing today!
MLS® NumberOC26055228
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageYes
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$865,000List Price
  • Commute

Commute

Starting Address
Destination Address
604 W 85 Th Pl, Los Angeles, CA

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