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ActiveTriplex

1144 W 85th

Los Angeles, CA, 90044

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$845,000

Original list price: $850,000

MLS: IV26022970

Beds

—

Baths

—

Sq Ft

2,070

Lot

0.13 ac

Year Built

1928

MLS #

IV26022970

Days on Market

259

Listed

Feb 2, 2026

Description

PRICE REDUCTION!!!!WELCOME TO AN AMAZING WELL-KEPT TRIPLEX – PRIME INCOME OPPORTUNITY! Welcome to this highly desirable, income-producing triplex located just minutes from Downtown Los Angeles with convenient access to all major freeways. This exceptional property features three separate units: #1 Bedroom / 1 Bathroom,#2: 2 Bedrooms / 1 Bathroom, #3: 2 Bedrooms / 1 Bathroom. Extensive updates have been completed throughout all three units, making this a truly turnkey investment. Improvements include: Updated kitchens and modern finishes, New flooring throughout, Upgraded bathroom vanities, toilets, and medicine cabinets, Fresh interior paint, New windows, New plumbing/piping, Updated electrical wiring and outlets, New thermostats, New smoke & carbon monoxide detectors, New water heaters, Brand NEW roof, Exterior enhancements to both front and rear units. This is the perfect starter income property or portfolio addition in a strong rental market. Tenant-Occupied – Please Do Not Disturb Tenants. Offers subject to interior inspection. Don’t miss this outstanding opportunity to own a renovated multi-unit property in one of LA’s most convenient and high-demand locations!

Location

Los Angeles, Los Angeles County, CA 90044

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Listed by: LEROY HOLT · SOLR REALTY

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,763

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,500 · Loan: $760,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,266
Property tax (1.25%)
$880
Homeowners insurance
$300
Mortgage insurance
$317
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,575 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90044 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90044 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.