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Sold for $1,550,000
    • Listed by: Compass • Jody Clegg • Contact: 714-406-2880
    Bought with: Compass
    $1,550,000

    525 W 85th St, Los Angeles, CA 90044

    13beds
    7baths
    4,209sqft
    Triplex
    Built in 2024
    -- sqft lot
    $1,551,100 Zestimate®
    $368/sqft
    $2,834 Estimated rent

    Home value

    $1,551,100

    $1.41M - $1.71M

    $2,834/mo

    Zestimate® history
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    What's special

    Four-car garageTwo spacious unitsModern triplex
    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**

    Zillow last checked:

    Listing updated:

    Listed by:

    Jody Clegg DRE #01230876 714-515-7052,

    Compass,

    Travis Stauffer DRE #01996062,

    Compass

    Bought with:

    Jody Clegg, DRE #01230876

    Compass

    Source: CRMLS,MLS#: OC26063388MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 7
    Rooms
    • Room types: Other
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,209
    • Total interior livable area: 4,209 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,512 Square Feet
    • Features: Near Park
    Details
    • Parcel number: 6032017049
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Park
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $601,800
    • Annual tax amount: $7,409
    • Date on market: 3/24/2026
    • Cumulative days on market: 27 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 11500
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    5/29/2026Sold$1,550,000-2.8%$368/sqft
    Source: CRMLS #OC26063388 Report a problem
    4/21/2026Contingent$1,595,000$379/sqft
    Source: CRMLS #OC26063388 Report a problem
    4/14/2026Price change$1,595,000-3.3%$379/sqft
    Source: CRMLS #OC26063388 Report a problem
    4/11/2026Price change$1,649,000-4.4%$392/sqft
    Source: CRMLS #OC26063388 Report a problem
    3/24/2026Listed for sale$1,725,000-5.5%$410/sqft
    Source: CRMLS #OC26063388 Report a problem
    6/26/2025Listing removed$4,000$1/sqft
    Source: Zillow Rentals Report a problem
    5/22/2025Price change$4,000-2.4%$1/sqft
    Source: Zillow Rentals Report a problem
    5/9/2025Listed for rent$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    4/22/2025Sold$1,825,000-3.9%$434/sqft
    Source: Public Record Report a problem
    4/16/2025Listing removed$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    4/10/2025Listed for rent$4,100$1/sqft
    Source: Zillow Rentals Report a problem
    1/30/2025Listed for sale$1,900,000+222%$451/sqft
    Source: CRMLS #OC25021690 Report a problem
    2/28/2024Sold$590,000-1.7%$140/sqft
    Source: CRMLS #SR24007245 Report a problem
    1/25/2024Pending sale$599,999$143/sqft
    Source: CRMLS #SR24007245 Report a problem
    1/12/2024Listed for sale$599,999$143/sqft
    Source: CRMLS #SR24007245 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,409 +369.1%$601,800 +414.6%
    2024$1,579 +1.6%$116,937 +2%
    2023$1,555 +4.2%$114,645 +2%
    2022$1,492 +1.8%$112,398 +2%
    2021$1,465 -0.7%$110,195 +1%
    2020$1,475 $109,066 +2%
    2019$1,475 -56.4%$106,928 +2%
    2018$3,384 $104,833 +2%
    2017$3,384 +0.8%$102,778 +2%
    2016$3,356 +159.2%$100,763 +1.5%
    2015$1,295 +0.3%$99,251 +2%
    2014$1,292 $97,308 +2.5%
    2012-- $94,971 +2%
    2011-- $93,110 +0.8%
    2010-- $92,415 -0.2%
    2009-- $92,635 +2%
    2008-- $90,820 +2%
    2007-- $89,041 +20.4%
    2006-- $73,963
    2005-- $73,963 +4%
    2004-- $71,093 +1.9%
    2003-- $69,791 +2%
    2002-- $68,424 +4%
    2000-- $65,769
    Find assessor info on the county website

    Neighborhood: South Los Angeles

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    Estimated market value
    $1,551,100
    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
    $1,551,100

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