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    721 W 81ST St

    Los Angeles, CA 90044
    • $1,275,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: 20-602070
    UPDATED: 69 min ago
    $1,275,000
    • 13
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,746
      SQFT
    • $222
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Great investment property in LA with a 4.9 cap rate. Fully occupied with great paying tenants. Two story building consists of six units, one large 3/2 unit,Second floor holds 2 large 2/1 units with private balconies, lower level contains 3 additional 2/1 units. Plenty of onsite parking with 2 spaces per unit. There are 2 storage spaces which are leased out at $100 each for additional income of $2400 which is included in the total gross income of $93,024. All 5,746 square feet is gated for added security. Centrally located to major freeways and minutes from downtown LA.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T22:42:43.767. 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.
    www.randyplaice.com/homes/107691251
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    721 W 81ST St Los Angeles, CA 90044

    • Price: $1,275,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 20-602070
    13
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,746
    SQFT
    $222
    $/SQFT
    1963
    Built
    Neighborhood:
    Metropolitan Southwest
    County:
    Los Angeles
    Area:
    Metropolitan Southwest
    Property Description
    Great investment property in LA with a 4.9 cap rate. Fully occupied with great paying tenants. Two story building consists of six units, one large 3/2 unit,Second floor holds 2 large 2/1 units with private balconies, lower level contains 3 additional 2/1 units. Plenty of onsite parking with 2 spaces per unit. There are 2 storage spaces which are leased out at $100 each for additional income of $2400 which is included in the total gross income of $93,024. All 5,746 square feet is gated for added security. Centrally located to major freeways and minutes from downtown LA.
    Exterior Features

    Carport Spaces Total 6 Direction Faces East Lot Size Area 9303 Other Structures Shed(S) Parking Garage Carport Total Parking 12

    Interior Features

    Baths Total 7.00 Cooling Wall Unit(S) Equipment None Heating Wall

    Property Features

    Gross Income 0 Gross Operating Income 0 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 68573.00 Number Of Buildings 1 Number Of Units 6 Owner Pays Water Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 24451 Type Of Units Attached Water District Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Patty Lopez DRE#01704771 of Engel & Volkers Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T22:42:43.767. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355