840 W 81st ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25027231
Year Built 1950
Lot Size 9,304 Sqft
Property Sub-Type Apartment
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 buyer's 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 C34 - Los Angeles Southwest
Zoning LAR3
Interior
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard