229 E 85th St, Los Angeles, CA 90003 - View 1
229 E 85th St, Los Angeles, CA 90003 - View 2
229 E 85th St, Los Angeles, CA 90003 - View 3
229 E 85th St, Los Angeles, CA 90003 - View 4
229 E 85th St, Los Angeles, CA 90003 - View 5
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229 E 85th St, Los Angeles, CA 90003 - View 7
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229 E 85th St, Los Angeles, CA 90003

Sale Price: $985,000
Mar 25, 20252,847 sqft9 beds3 baths
Listed by: Mike Iryami
License #: 01825516
Phone #: 310-525-3708
BRC Advisors- BH
Source:
CRMLS Logo
MLS #: 25516561

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,000

TurboHome Estimated Value

$992,500

$349 sqft

High Valuation
$1,042,125
$366/sqft
Normal Valuation
$992,500
$349/sqft
Low Valuation
$942,875
$331/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$349/sqft$992,500

Neighborhood: Southeast Los Angeles

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Comparative Value

$685K

$750K

$840K

$985K

$1.10M

635 W 82nd St, Los Angeles, CA 90044

Sale Price: $685,000

Selected Comparable

1132 E 51st St, Los Angeles, CA 90011

Sale Price: $750,000

Selected Comparable

8919 S Hoover St, Los Angeles, CA 90044

Sale Price: $840,000

Selected Comparable

229 E 85th St, Los Angeles, CA 90003

List Price: $985,000

Subject Property

229 E 85th St, Los Angeles, CA 90003

Sale Price: $985,000

Selected Comparable

8018 S New Hampshire Ave, Los Angeles, CA 90044

Sale Price: $1,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
229 E 85th St, Los Angeles, CA 90003

229 E 85th St, Los Angeles, CA 90003

List: $985,000

Listed: 3/25/2025

Area:2,847 sqft
Price/sqft:$346
Beds:9
Baths:3
Year Built:—
Lot Size:5,202

Comparable Properties

COMPARABLE
Choose comps
229 E 85th St, Los Angeles, CA 90003

229 E 85th St, Los Angeles, CA 90003

Sale: $985,000

5/17/2025 • 0.00 mi

Area:2,847 sqft
Price/sqft:$346
Beds:9
Baths:3
Year Built:—
Weight:31.8%
635 W 82nd St, Los Angeles, CA 90044

635 W 82nd St, Los Angeles, CA 90044

Sale: $685,000

2/28/2025 • 0.87 mi

Area:3,116 sqft
Price/sqft:$220
Beds:9
Baths:4
Year Built:—
Weight:22.9%
8919 S Hoover St, Los Angeles, CA 90044

8919 S Hoover St, Los Angeles, CA 90044

Sale: $840,000

1/3/2025 • 1.02 mi

Area:2,484 sqft
Price/sqft:$338
Beds:8
Baths:4
Year Built:—
Weight:16.8%
1132 E 51st St, Los Angeles, CA 90011

1132 E 51st St, Los Angeles, CA 90011

Sale: $750,000

4/10/2025 • 2.60 mi

Area:2,244 sqft
Price/sqft:$334
Beds:8
Baths:4
Year Built:—
Weight:14.5%
8018 S New Hampshire Ave, Los Angeles, CA 90044

8018 S New Hampshire Ave, Los Angeles, CA 90044

Sale: $1,100,000

6/24/2025 • 1.29 mi

Area:3,906 sqft
Price/sqft:$282
Beds:8
Baths:4
Year Built:—
Weight:14.0%

Nearby Listings

9 similar properties within 5 miles

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TurboHome Est. Value:

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Property placeholder233 W Century Blvd, Los Angeles, CA 90003
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TurboHome Est. Value:

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Property placeholder315 W 65th St, Los Angeles, CA 90003
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TurboHome Est. Value:

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