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$ 1,200,000
Est. payment | /mo
3 Beds
2 Baths
9,303 Sqft Lot
$ 1,200,000
Est. payment | /mo
3 Beds
2 Baths
9,303 Sqft Lot
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.
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
Listed by Akash Saini • Keller Williams Realty Calabasas
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Jace Coleman
Partner | Lic# DRE# 01133184