716 W 81St Street, Los Angeles, CA 90044
-
Listed Price :
$1,999,000
-
Beds :
18
-
Baths :
11
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Property Size :
7,795 sqft
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Year Built :
1960
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.
Interior Features
| Bedroom Information |
| Bedrooms |
18 |
| Bathroom Information |
| Bathrooms |
11 |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
716 W 81St Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Brice Head DRE #01330706 |
| Courtesy Of |
CBRE, Inc. |
| List Price |
$1,999,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
7,795 |
| Lot Size |
9,309 |
| Year Built |
1960 |
Listing information courtesy of: Brice Head, CBRE, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 1:17 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
