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.
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.
Property Details
Price:
$1,200,000
MLS #:
SR25027231
Status:
Active
Baths:
0
Address:
840 W 81st Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
90044
Lot Size:
9,303 sqft / 0.21 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Suburban
Garage Spaces
3.00
Lot Features
6-10 Units/ Acre
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address840 W 81st Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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840 W 81st Street
Los Angeles, CA
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