Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

4,025 sqft

Lot size

9,306 sqft

Year built

1950

Stories

2

Garage spaces

5

Pool

None

Status

Active

Days on market

147

MLS #

249093688

About this property

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.

Location

840 W 81st

Los Angeles, Los Angeles, CA, 90044