840 W 81st, Los Angeles, CA 90044
840 W 81st, Los Angeles, CA 90044
840 W 81st, Los Angeles, CA 90044
840 W 81st, Los Angeles, CA 90044
840 W 81st, Los Angeles, CA 90044
840 W 81st, Los Angeles, CA 90044
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$ 999,000
Est. payment | /mo

9,304 Sqft Lot


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$ 999,000
Est. payment | /mo
Save

9,304 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26096766

HOA Y/N No

Year Built 1950

Lot Size 9,304 Sqft

Property Sub-Type Apartment

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry Laundry Room

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Urban, Park

Total Parking Spaces 7

Private Pool No

Building

Lot Description Near Park, Near Public Transit

Story 2

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Tax ID 6032006013

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gabriel Matias Limon Century 21 A Better Service 562-712-4288, DRE #02010769

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

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Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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