840 W 81st, Los Angeles, CA 90044

$975,000

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List Agent Gabriel Matias Limon () 562-712-4288 Century 21 A Better Service; CoList ()

List Price
$975,000
Price Change
▼ $24,000 1784332843
Status
ACTIVE
MLS#
DW26096766
Year Built
1950
Lot Size
9,306
Lot Location
Near Park, Near Public Transit
Days on Market
89
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. One unit 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.

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Sewer Tap Paid
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.