Address
721 W 81St Street Los Angeles, CA
Price
$ 1,275,000
Property Attributes
  • MLS#20602070
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan Southwest
  • Zip90044
  • Style
  • Price$ 1,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,303 SqFt
Listing Provided Courtesy Of:
Patty Lopez with Engel & Volkers Beverly Hills.
Property Description

Great investment property in LA with a 4.9 cap rate. Fully occupied with great paying tenants. Two story building consists of six units, one large 3/2 unit,Second floor holds 2 large 2/1 units with private balconies, lower level contains 3 additional 2/1 units. Plenty of onsite parking with 2 spaces per unit. There are 2 storage spaces which are leased out at $100 each for additional income of $2400 which is included in the total gross income of $93,024. All 5,746 square feet is gated for added security. Centrally located to major freeways and minutes from downtown LA.

Price History
7/10/2020 Listed $1,399,000
8/14/2020 9% - $1,275,000

General Features

Carport Spaces 6.00
Directions Google Maps
Facing Direction East
Heating Wall Furnace
Listagentaor Beverly Hills/Greater LA
Listing Agent Patty Lopez - BRE#01704771
Listing Agent State License 01704771
MLS Area C36 - Metropolitan Southwest
Other Structures Shed(s)
Parking Features Carport
Source System CRMLS
Special Listing Conditions Standard
Total Units 6
Zoning LAR3

Interior Features

Heating Y/N Yes
Numberwithcarpet 6
Total Stories 2

Exterior Features

Lot Size Area 9303.0000
Lot Size Source Assessor
Lot Size Square Feet 9303.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Parking Y/N Yes
Total Parking 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90044

Price
AVG $550K
$1.28M
Visits
AVG 99
46
Year Built
AVG 1931
1963
Walkscore
AVG 65
56
Data Provided by Walkscore ® not using MLS data

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