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$ 899,000
Est. payment /mo
Price Dropped by $26K
1524 W 81st ST Los Angeles, CA 90047
8 Beds
4 Baths
3,650 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,650 sqft
Price per Sqft $246
MLS Listing ID 26871491
Bedrooms 8
HOA Y/N No
Year Built 1923
Lot Size 6,677 Sqft
Property Description
1524 W 81st Street is a value add four-unit investment and owner-user opportunity in south Los Angeles. Two of the four units will be delivered vacant, including the house. The property is on the market for the first time on the market in thirty years! Built in 1923, the 3,650 total SF buildings are situated on a 6,677 SF lot. The property consists of an approximately 1,000 SF house in the rear of the property and a triplex in the front of the property. The house has two bedrooms and one bathroom and each of the triplex units have two bedrooms and one and a half bathrooms. The triplex units are approximately 800 SF each and are townhouses (two stories). The immediate path to increase the value of this property is to update the two vacant units and rent them at market rates. In addition, the house in the rear of the property has yard space in the back and on both sides which could be transformed into a grass yard and private patio space. Furthermore, targeted cosmetic upgrades to the front triplex exterior would elevate the overall aesthetics.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Appliance Disposal
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6034011009
Special Listing Condition Standard
Listed by Keith Moret Lyon Stahl Investment Real Estate, Inc. #01802527