Homes for sale - 716 W 81st ST, Los Angeles, CA 90044

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Jamie Ambrose

jamie@jamieambrose.com +1(310) 561-3052

$ 1,999,000

Est. payment | -/mo

18 Beds

11 Baths

7,795 SqFt

Save

$ 1,999,000

Est. payment | -/mo

Save

18 Beds

11 Baths

7,795 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,795 sqft

Price per Sqft $256

MLS Listing ID 24403972

Bedrooms 18

HOA Y/N No

Year Built 1960

Lot Size 9,308 Sqft

Property Description

First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. 2 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Attached Carport

Attached Garage Yes

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6032023007

Special Listing Condition Standard

Listed by Brice Head • CBRE, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 561-3052

jamie@jamieambrose.com

23670 Hawthorne Blvd. #100 Torrance, CA 90505

716 W 81st ST Los Angeles, CA 90044