Duplex
755 E 85th St · Los Angeles, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 5/10 · Moderate
- Hot days now (above 90°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +8.5/30.0
- ARV discount +5.3/15.0
- Schools +3.6/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.3/10.0
- 1% rule +1.7/10.0
- Appreciation +0.0/10.0
$715,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Excellent value-add opportunity! This Probate Sale (No Court Confirmation required), features a front two-unit Duplex with 2BDR / 1BTH each, and a detached SFR at rear on approx. 5,100 SF lot, Zoned R2-1. All Units will be Delivered Vacant at Close of Escrow. Great opportunity to renovate SFR and lease all units to maximize rental income, while also benefiting from on-site parking and creating additional income potential. Public records indicate the property is located in a (TOC) area; Buyer to verify, and may offer future redevelopment potential, making it attractive for both cash-flow and long-term investment strategies. Buyer shall conduct their own due diligence to their satisfaction a
Key facts
- Approx 5100 sf lot
- Detached sfr
- On-site parking
Tags
Property features AI
Finance
- Financial info: Vacancy rate listed as 3%; Projected rents: $2,500 for certain 2-bed units and $3,000 for 3-bed units; Gross income reported as $0; Listing terms: Probate; Scheduled/Actual: Actual
- HOA & community: Three units in the complex
Exterior
- Parking: Three total parking spaces; Uncovered parking
- Utilities: Single water meter; Owner pays water and other utilities
- Home design: Residential income property; Two-story (multi-level); Faces south
- Exterior features: Lot zoned LAR2; No additional structures
Interior
- Bedrooms: Three 3-bedroom units; One 2-bedroom unit; Two additional 2-bedroom units
- Bathrooms: Each unit has one bathroom
- Heating & cooling: Wall heat; No central cooling
- Interior features: Multi-level layout; Wall heating
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1-bath units multifamily listed at $715k.
Deal economics
- At list price, monthly cash flow is $-630 ($-8k/yr) — negative. Per door: $-315/mo.
- To cash-flow at today's rent, offer at most $604k (15.6% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $476k (33.4% below list).
- Recommended offer: $476k (33.4% below list) — sets the bar for 1% rule.
- Cap rate 5.2% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
- Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 52 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $4,764/mo this rent would consume 94% of the median local household income ($61k/yr) (locally 2573% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $21k of value loss. Plan a longer hold.
- Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 20 days — a 2% lower offer ($704k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $40k; list at $715k implies a 1688% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.67% ✗
- Cap rate
- 5.23%
- Cash-on-cash
- -3.78%
- DSCR
- 0.83
- GRM
- 12.5
CMA / ARV
- ARV (on-the-fly)
- $681,296
- Comps found
- 8
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 845 E 80th St | 0.39mi | 4/2.0 | 1,326 (+8%) | 12mo | $649,000 | $489 | 59 |
| 8406 Avalon Blvd | 0.24mi | 4/2.0 | 1,401 (+14%) | 14mo | $775,000 | $553 | 54 |
| 919 E 92nd St | 0.58mi | 4/2.0 | 1,178 (-4%) | 19mo | $600,000 | $509 | 50 |
| 223 E 83rd St | 0.60mi | 3/3.0 (-1) | 1,187 (-4%) | 10mo | $790,000 | $666 | 49 |
| 936 E 91st St | 0.57mi | 3/2.0 (-1) | 1,218 (-1%) | 22mo | $660,000 | $542 | 48 |
| 1151 E 77th Pl | 0.66mi | 5/2.5 (+1) | 1,234 (+0%) | 18mo | $815,000 | $660 | 47 |
| 1147 E 87th Pl | 0.41mi | 4/2.0 | 1,408 (+14%) | 18mo | $835,000 | $593 | 42 |
| 162 E 80th St | 0.72mi | 3/2.0 (-1) | 1,397 (+13%) | 14mo | $675,000 | $483 | 27 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -22.7%
- Equity multiple
- 0.22×
- Total profit
- $-156,282
- Equity at exit
- $106,609
- IRR
- -17.2%
- Equity multiple
- 0.06×
- Total profit
- $-188,869
- Equity at exit
- $61,820
Cash invested: $200,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City Los Angeles
- 0 Strongly Tenant-Friendly · D+22
ZIP-level market 90001
- Active inventory
- 52
- Price-to-rent
- 25.0×
Monthly cashflow live
- Estimated rent
- $4,764 high interval (Pro) →
- Mortgage (P&I)
- −$3,750
- Tax from tax record
- −$347 /mo · $4,159/yr
- Insurance
- −$298
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,000
- Net cashflow
- $-630
Break-even live
Sensitivity live
| Price | -10% $-226 | -5% $-428 | +0% $-630 | +5% $-833 | +10% $-1,035 |
|---|---|---|---|---|---|
| Rent | -10% $-1,007 | -5% $-819 | +0% $-630 | +5% $-442 | +10% $-254 |
| Rate | -1.0pp $-270 | -0.5pp $-449 | base $-630 | +0.5pp $-816 | +1.0pp $-1,004 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $4,764 |
| #1 | 2 | 1 | $2,382 |
| #2 | 2 | 1 | $2,382 |
| Total (2 units) | $4,764 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $178,750
- Closing costs
- $21,450
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 649 E 87th St Los Angeles, CA | 4.0 | 2.0 | 980 | $3,800 | $3.88 | 23d | 1 | 0.17mi |
| 639 E 87th St Los Angeles, CA | 3.0 | 1.0 | 900 | $3,650 | $4.06 | 6d | 1 | 0.19mi |
| 639 E 87th Pl Los Angeles, CA | 3.0 | 1.0 | 858 | $3,650 | $4.25 | 0d | 1 | 0.23mi |
| 909 E 83rd St Los Angeles, CA | 4.0 | 2.0 | 1400 | $3,888 | $2.78 | 44d | 1 | 0.26mi |
| 735 E 82nd St Los Angeles, CA | 3.0 | 2.0 | 913 | $3,400 | $3.72 | 44d | 1 | 0.27mi |
| 8715 Hooper Ave Unit 87195 Los Angeles, CA | 3.0 | 2.0 | 1050 | $3,490 | $3.32 | 44d | 1 | 0.42mi |
| 263 E 84th Pl Los Angeles, CA | 3.0 | 1.0 | 1450 | $2,950 | $2.03 | 16d | 1 | 0.51mi |
| 9017 Avalon Blvd Los Angeles, CA | 3.0 | 2.0 | 1234 | $3,000 | $2.43 | 44d | 1 | 0.53mi |
| 1124 Nadeau St Los Angeles, CA | 3.0 | 1.5 | 1000 | $3,495 | $3.50 | 0d | 1 | 0.54mi |
| 1124 Nadeau St Los Angeles, CA | 3.0 | 1.5 | 1000 | $3,995 | $4.00 | 6d | 1 | 0.54mi |
| 229 E 85th St Unit 231 12 Los Angeles, CA | 3.0 | 1.0 | 950 | $2,750 | $2.89 | 44d | 1 | 0.56mi |
| 249 E 82nd St Los Angeles, CA | 4.0 | 2.0 | 1300 | $2,750 | $2.12 | 44d | 1 | 0.61mi |
| 1159 E 78th St Los Angeles, CA | 4.0 | 2.0 | 1300 | $3,950 | $3.04 | 44d | 1 | 0.63mi |
| 8462 Zamora Ave Los Angeles, CA | 3.0 | 1.0 | 952 | $2,895 | $3.04 | 25d | 1 | 0.63mi |
| 8220 Wall St Los Angeles, CA | 4.0 | 2.0 | 1200 | $3,000 | $2.50 | 16d | 1 | 0.66mi |
| 239 E 90th St Los Angeles, CA | 3.0 | 2.0 | 1260 | $3,295 | $2.62 | 12d | 1 | 0.68mi |
| 7811 San Pedro St Unit 4 Los Angeles, CA | 3.0 | 1.0 | 800 | $3,100 | $3.88 | 44d | 1 | 0.72mi |
| 123 E 88th St Unit 1/2 Los Angeles, CA | 3.0 | 2.0 | 1156 | $3,550 | $3.07 | 44d | 1 | 0.73mi |
| 8418 Main St Unit 8418 Los Angeles, CA | 3.0 | 3.0 | 977 | $2,695 | $2.76 | 44d | 1 | 0.74mi |
| 116 E 82nd St Los Angeles, CA | 4.0 | 2.0 | 1240 | $3,750 | $3.02 | 44d | 1 | 0.76mi |
| 9310 Pace Ave Los Angeles, CA | 3.0 | 1.0 | 1254 | $3,200 | $2.55 | 44d | 1 | 0.79mi |
| 9197 Wall St Los Angeles, CA | 3.0 | 2.0 | 1250 | $3,500 | $2.80 | 44d | 1 | 0.83mi |
| 346 E 75th St Los Angeles, CA | 5.0 | 3.0 | 1486 | $3,900 | $2.62 | 8d | 1 | 0.85mi |
| 1012 E 73rd St Los Angeles, CA | 3.0 | 3.0 | 1257 | $3,400 | $2.70 | 25d | 1 | 0.90mi |
| 236 W 84th Pl Los Angeles, CA | 5.0 | 3.0 | 1500 | $4,300 | $2.87 | 44d | 1 | 0.94mi |
| 7688 Main St Los Angeles, CA | 3.0 | 2.0 | 1100 | $3,200 | $2.91 | 25d | 1 | 0.95mi |
| 218 E 95th St Unit 1/2 Los Angeles, CA | 3.0 | 2.0 | 991 | $3,350 | $3.38 | 44d | 1 | 0.96mi |
| 427 E 98th St Los Angeles, CA | 3.0 | 1.0 | 850 | $2,495 | $2.94 | 44d | 1 | 0.97mi |
| 130 E 95th St Los Angeles, CA | 4.0 | 2.0 | 1275 | $3,500 | $2.75 | 21d | 1 | 1.01mi |
| 109 E 95th St Unit 4 Los Angeles, CA | 3.0 | 1.0 | 1000 | $2,887 | $2.89 | 44d | 1 | 1.02mi |
| 8209 S Broadway Unit 8209-1 Los Angeles, CA | 3.0 | 1.0 | 1000 | $2,600 | $2.60 | 20d | 1 | 1.05mi |
| 138 W 93rd St Los Angeles, CA | 3.0 | 2.0 | 1000 | $3,250 | $3.25 | 23d | 1 | 1.05mi |
| 234 E 99th St Los Angeles, CA | 4.0 | 2.0 | 1275 | $3,850 | $3.02 | 44d | 1 | 1.15mi |
| 120 W 73rd St Los Angeles, CA | 3.0 | 1.0 | 800 | $2,700 | $3.38 | 44d | 1 | 1.17mi |
| 120 W 73rd St Unit 4 Los Angeles, CA | 3.0 | 1.0 | 850 | $2,600 | $3.06 | 4d | 1 | 1.17mi |
| 352 E 101st St Los Angeles, CA | 4.0 | 2.0 | 1275 | $3,500 | $2.75 | 44d | 1 | 1.20mi |
| 136 W 97th St Unit 138 Los Angeles, CA | 4.0 | 2.0 | 1275 | $3,490 | $2.74 | 15d | 1 | 1.21mi |
| 8738 S Figueroa St Unit 3 Los Angeles, CA | 3.0 | 2.0 | 1100 | $2,300 | $2.09 | 44d | 1 | 1.25mi |
| 245 E 102nd St Los Angeles, CA | 3.0 | 2.0 | 1074 | $2,900 | $2.70 | 44d | 1 | 1.28mi |
| 524 1/4 W 82nd St Los Angeles, CA | 3.0 | 1.0 | 900 | $2,495 | $2.77 | 15d | 1 | 1.32mi |
Listing history 13 events
-
2026-06-21days on market $715,000 Active 20 DOM
-
2026-06-18days on market $715,000 Active 17 DOM
-
2026-06-17days on market $715,000 Active 16 DOM
-
2026-06-16days on market $715,000 Active 15 DOM
-
2026-06-15days on market $715,000 Active 14 DOM
-
2026-06-13days on market $715,000 Active 12 DOM
-
2026-06-09days on market $715,000 Active 8 DOM
-
2026-06-08days on market $715,000 Active 7 DOM
-
2026-06-07days on market $715,000 Active 6 DOM
-
2026-06-04days on market $715,000 Active 3 DOM
-
2026-06-03days on market $715,000 Active 2 DOM
-
2026-06-02remarks 699-char remark
-
2026-06-02$715,000 Active 1 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $4,159 · $347/mo
- Projected year-2 tax
- $5,434 · $453/mo
- Expected delta
- +$1,275/yr (+$106/mo · 30.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥90°F today · 21 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $57,168
- − Mortgage interest
- −$40,051
- − Property taxes
- −$4,159
- − Insurance
- −$3,575
- − Repairs & maintenance
- −$4,573
- − Management
- −$4,573
- − Depreciation
- −$20,800
- Taxable loss
- −$20,564
- Est. tax savings @ 24.0%
- +$4,935
- After-tax cash flow
- $-2,631/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Los Angeles Unified
- NCES district ID
- 0622710
- Math proficiency
- 29% ▼ -4.00%
- Reading proficiency
- 54% ▲ 10.00%
- Median HH income
- $50,403
- Composite
- 35.67/100
- National rank
- #4875
- State rank
- #223 of 517 in CA
Livability — Los Angeles
- Score
- 68/100
- State rank
- #273
- US rank
- #9237
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Los Angeles, CA
- County
- Los Angeles County · 9,444,647 people
- City population
- 3,838,149
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Population (ZIP)
- 56,189
- Household income
- $60,767
- Rent vs Own
- Severe rent burden
- 2573.0
Population outlook (Los Angeles County) Hauer SSP2
- Today (2025)
- 10,940,515 people
- By 2030
- 11,256,481 · +2.9%
- By 2040
- 11,729,929 · +7.2%
- By 2050
- 11,948,407 · +9.2%
- By 2075
- 11,818,114 · +8.0%
- By 2100
- 10,842,928 · -0.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (91%)
- Race & ethnicity
- Hispanic / Latino 91% Two or more races 29% Black 7% Native American 3%
- Hispanic origin (detail)
- Mexican 74%
- Foreign-born
- 40% · Canada
- Languages at home
- 16% English-only · Spanish 83%
Political lean MEDSL · Los Angeles
- 2024 margin
- Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
- 2008→2024 swing
- -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
- All cycles
- 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -558.17%
- Current HPI
- 447.307
- Rent YoY
- —
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
||
| Financial Services | 3 | $174B |
|
||
| Retail | 3 | $44B |
|
||
| Insurance | 3 | $26B |
|
||
| Media / Entertainment | 2 | $115B |
|
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| Pharmaceuticals / Biotech | 2 | $62B |
|
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Price history
+1687.5% since first listed3 events — show timeline
- 2026-06-01 Listed $715,000 TheMLS
- 2025-09-05 Listed — TheMLS
- 1974-09-16 Sold (Public Records) $40,000 Public Records
Property tax history
+1.7%/yrLatest (2025): $4,159 · +1.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…