626 W 81ST Street, Los Angeles CA, 90044

Sold

626 W 81ST Street

Los Angeles CA, 90044

$1,850,000

$223.43 per sqft

Sold

18 Beds

11 Baths

8,280 sqft

Residential

Built in 1962

Listed by Sean Rosenzweig with Marcus & Millichap 213-943-1800

We are pleased to present the opportunity to acquire two 11-unit multifamily communities located at 702 West 81st Street and 626 West 81st Street that can be sold together or separate. The subject properties are walking distance to multiple transit options, facilitating residents the ability to travel throughout Los Angeles and provides convenient access to daily errands and retail options. Positioned just four miles from the University of Southern California and 3.7 miles from the Forum and the SoFi Stadium, 626 and 702 West 81st Street are located south of Florence Avenue and East of Vermont Avenue near the 110 freeway. Built in 1965, 626 West 81st Street consists of seven two-bedroom units and four one-bedroom units and offers eight parking spaces. Two units will be delivered vacant, providing investors an immediate value-add opportunity. Built in 1961, 702 West 81st Street also consists of seven two-bedroom units and four one-bedroom units and offers eight parking spaces. Investors will have the opportunity to acquire a value-add investment with 90% upside through unit renovations.

22142379

MLSⓇ ID

April 1, 2022

Listed

March 23, 2024

Updated

Map

626 W 81ST Street
Los Angeles CA, 90044

Interior Features

Total Stories: 2
Bedrooms: 18 Beds
Bathrooms: 11 Baths
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.21 Acres

Other Property Details

Area Name: C36 - Metropolitan Southwest
Days on Market: 67
Garage: No
Parking: Covered
Parking Total: 8
View: No
County: Los Angeles
Pool: No
Zoning: LAR3
Buyer Agency Compensation: 2%

Listing Contact: 213-943-1800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:38 AM UTC