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Sold for $985,000
  • $985,000

    229 E 85th St, Los Angeles, CA 90003

    9beds
    3baths
    2,847sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $977,600 Zestimate®
    $346/sqft
    $2,470 Estimated rent

    Home value

    $977,600

    $880,000 - $1.09M

    $2,470/mo

    Zestimate® history
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    What's special

    229-231 E 85th St is a three-unit multifamily property centrally located and just minutes from Downtown LA. These three units consist of (3) 3-bed/1-bath units and are currently generating fantastic income. One of the units is a newly built three-bedroom one-bathroom ADU built in 2023. All units are currently occupied. The rents are as follows: $3048(Section8), $3640(section8), ADU $4100(Section8). This property also offers on-site parking for each unit. Property has newer electrical panel.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Iryami DRE # 01825516 310-525-3708,

    BRC Advisors- BH,

    Carlos Estrada DRE # 01413560 562-477-8983,

    Liberty Investment Group

    Bought with:

    Sohyoen Holthaus, DRE # 02251123

    Happy Haus Inc.

    Koeun Hwang, DRE # 01718399

    Happy Haus Inc.

    Source: CLAW,MLS#: 25516561MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Interior area
    • Total structure area: 2,847
    • Total interior livable area: 2,847 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete
    • Uncovered spaces: 3
    Features
    • Levels: Multi/Split
    • Stories: 1
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,201 sqft
    Details
    • Additional structures: None
    • Parcel number: 6030016024
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: District

    Community & neighborhood

    Location
    • Region: Los Angeles

    Price history

    DateEventPrice
    2/9/2026Listing removed$3,490$1/sqft
    Source: Zillow Rentals Report a problem
    1/5/2026Listed for rent$3,490+5.9%$1/sqft
    Source: Zillow Rentals Report a problem
    5/17/2025Sold$985,000$346/sqft
    Source: CLAW #25516561 Report a problem
    5/4/2025Pending sale$985,000$346/sqft
    Source: CLAW #25516561 Report a problem
    3/26/2025Listed for sale$985,000+164.1%$346/sqft
    Source: CLAW #25516561 Report a problem
    8/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/7/2024Listed for rent$3,295-15.5%$1/sqft
    Source: Zillow Rentals Report a problem
    7/7/2024Listing removed$3,900$1/sqft
    Source: Zillow Rentals Report a problem
    6/21/2024Listed for rent$3,900$1/sqft
    Source: Zillow Rentals Report a problem
    6/21/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/11/2024Listed for rent$3,900$1/sqft
    Source: Zillow Rentals Report a problem
    6/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/7/2024Listed for rent$3,900+130.1%$1/sqft
    Source: Zillow Rentals Report a problem
    12/4/2018Sold$373,000-11.2%$131/sqft
    Source: CRMLS #WS18162730 Report a problem
    11/6/2018Pending sale$419,900$147/sqft
    Source: MAXIM PROPERTIES #WS18162730 Report a problem
    10/20/2018Price change$419,900-6.7%$147/sqft
    Source: MAXIM PROPERTIES #WS18162730 Report a problem
    9/21/2018Price change$449,900-6.3%$158/sqft
    Source: MAXIM PROPERTIES #WS18162730 Report a problem
    8/24/2018Price change$479,900-4%$169/sqft
    Source: MAXIM PROPERTIES #WS18162730 Report a problem
    7/7/2018Listed for sale$499,900+55.2%$176/sqft
    Source: MAXIM PROPERTIES #WS18162730 Report a problem
    8/23/2016Sold$322,000+5.6%$113/sqft
    Source: Public Record Report a problem
    10/30/2013Listing removed$304,900$107/sqft
    Source: Beach Equities #PW13117700 Report a problem
    9/3/2013Listed for sale$304,900$107/sqft
    Source: Beach Equities #PW13117700 Report a problem
    7/11/2013Listing removed$304,900$107/sqft
    Source: Beach Equities #PW13117700 Report a problem
    6/20/2013Listed for sale$304,900$107/sqft
    Source: Beach Equities #PW13117700 Report a problem
    3/30/2012Listing removed$1,695$1/sqft
    Source: Right Way Mgmt Report a problem
    3/9/2012Listed for rent$1,695$1/sqft
    Source: Right Way Mgmt Report a problem
    2/5/2012Listing removed$1,695$1/sqft
    Source: Right Way Mgmt Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,678 +1.4%$446,201 +2%
    2024$5,598 +1.9%$437,453 +2%
    2023$5,494 +4.8%$428,877 +2%
    2022$5,244 +1.4%$420,469 +2%
    2021$5,173 -0.9%$412,226 +1%
    2020$5,221 $408,000 +2%
    2019$5,221 -0.4%$400,000 -4.4%
    2018$5,242 $418,200 +2%
    2017$5,242 +2.2%$410,000 +105.3%
    2016$5,128 +98.2%$199,722 +1.5%
    2015$2,588 +0.6%$196,723 +2%
    2014$2,573 $192,871 +89.2%
    2011-- $101,927 +0.8%
    2010-- $101,166 -0.2%
    2009-- $101,407 +2%
    2008-- $99,419 +4%
    2005-- $95,560 +4%
    2004-- $91,851 +3.9%
    2002-- $88,401 +4%
    2000-- $84,969

    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $977,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $977,600