855.375.4001
Listed by Brice Head - CBRE, Inc.
$1,999,000 affordable loan icon Calculate Payment

716 81st Street Los Angeles, CA 90044

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Cluster Residence
18 Beds
11 Baths
... Bed/Bath
7,795 Sq. Ft.

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Last updated on 1/9/2025 11:16 AM
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. Continue reading
MLS#
24403972
Property Type
Cluster
Bedrooms
18
Bathrooms
Year Built
1960
Square Feet
7,795 sq. ft
Lot Size
0.21
Stories
2.0

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Listed by Brice Head - CBRE, Inc.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 1/9/2025 11:16 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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