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Listed by Gabriel Matias Limon • Century 21 A Better Service
$999,000
Est. payment /mo
4,025 SqFt
Price Dropped by $51K
840 West 81st Los Angeles, CA 90044
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,025 sqft
Price per Sqft $248
MLS Listing ID DW-26096766
Year Built 1950
Lot Size 9,306 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
6-unit income property featuring two separate buildings, each consisting of a triplex, situated on a spacious 9,303 sq ft lot with a total building size of 4,025 sq ft. This is an excellent value-add opportunity with strong upside potential in rental income. Three of the units have been tastefully remodeled with new flooring, fresh interior paint, updated electrical fixtures, modern kitchen cabinets with countertops, and renovated bathrooms. Two units will be delivered vacant, providing immediate flexibility for an owner-user or investor to achieve market rents.
The property also offers additional income potential with a detached rear garage that may be suitable for ADU conversion (buyer to verify), as well as on-site laundry income potential, not currently in use. Well-located with convenient access to the 110 freeway and just a short drive to SoFi Stadium and the Intuit Dome, this asset is ideally positioned in a high-demand rental market. Perfect opportunity for investors seeking to maximize cash flow and long-term appreciation.
The property also offers additional income potential with a detached rear garage that may be suitable for ADU conversion (buyer to verify), as well as on-site laundry income potential, not currently in use. Well-located with convenient access to the 110 freeway and just a short drive to SoFi Stadium and the Intuit Dome, this asset is ideally positioned in a high-demand rental market. Perfect opportunity for investors seeking to maximize cash flow and long-term appreciation.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry Individual Room
Exterior
Garage Spaces 5.0
Pool None
Community Features Urban
Building
Lot Description Lot 6500-9999, Near Public Transit, Park Nearby
Sewer Sewer Paid