840 W 81st Street Active

Los Angeles,CA 90044

$ 1200000

3 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25027231

Bedrooms 3

HOA Y/N No

Lot Size 9,303 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present a six-unit apartment building available for purchase at 840 W. 81st Street. A prime investment opportunity in Vermont Knolls, South LA! This six-unit apartment building features five (1 Bed/1 Bath) units and one (2 Bed/1 Bath) unit, totaling 4,025 sq. ft. on a 9,303 sq. ft. lot. Three units will be delivered vacant. This property offers a substantial upside potential. In addition, the buyer has the option to lease the existing garages and storage area to generate additional income and explore the possibility of constructing an additional 1 or 2 Bedroom ADU at the rear of the building (subject to the buyers own Due Diligence). As of March, 2025 the property is currently in REAP. Seller is diligently working to get the property out of REAP.
We are pleased to present a six-unit apartment building available for purchase at 840 W. 81st Street. A prime investment opportunity in Vermont Knolls, South LA! This six-unit apartment building features five (1 Bed/1 Bath) units and one (2 Bed/1 Bath) unit, totaling 4,025 sq. ft. on a 9,303 sq. ft. lot. Three units will be delivered vacant. This property offers a substantial upside potential. In addition, the buyer has the option to lease the existing garages and storage area to generate additional income and explore the possibility of constructing an additional 1 or 2 Bedroom ADU at the rear of the building (subject to the buyers own Due Diligence). As of March, 2025 the property is currently in REAP. Seller is diligently working to get the property out of REAP.

Location

State CA

County Los Angeles

Area Los Angeles (90044)

Zoning Appraiser

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash,Conventional,Exchange

Space Rent $1,400

Listing Terms Cash,Conventional,Exchange

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