840 W 81st, Los Angeles, CA 90044
- $975,000
- List Price
- $975,000
- Price Change
- ▼ $24,000 1784332843
- Status
- ACTIVE
- MLS#
- DW26096766
- Year Built
- 1950
- Lot Size
- 9,306
- Acres
- 0.21
- Lot Location
- Near Park, Near Public Transit
- Days on Market
- 86
- Property Type
- Multifamily
- 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.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Sewer Tap Paid
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $51,360
- Operating Expense
- 10900
Listing courtesy of Listing Agent: Gabriel Matias Limon (matiasrellc@gmail.com) from Listing Office: Century 21 A Better Service.
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