1013 E 81St St, Los Angeles, CA 90001
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1013 E 81St St Los Angeles, CA 90001

$724,900 Sold Price as of 03/24/2022
  • 3 Beds
  • 3 Baths
  • 1,836 Sq.Ft.
Sold
$724,900 Sold Price as of 03/24/2022 Refinance Your Mortgage

Map preview of 1013 E 81St St, Los Angeles, CA 90001

Property Overview: 1013 E 81St St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,836 living square feet and 5,739 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Income Property in the Heartland of South-Central Los Angeles for Sale. Property has some recent updates, and it is ready for the savvy investor with vision and ambitions. Each unit consist of One Bedroom, One Bathroom, Kitchen, Breakfast Nock Area, and Living Room. It also has three separate One Car Garage in the back with Alley Access. Property is fully occupied, and all tenants are paying their rent on time. The seller had requested information from the city regarding adding ADUs on top of the Garages and it seems that the city has given the okay for it. However, further investigation should be sought by Buyer(s) and their agent. Current rents on property are below market and so, there is room for increase. Please contact the listing broker for additional information.

Listed by MANLIO CEJA-GOMEZ | BRE #02023306 | KELLER WILLIAMS COVINA
Last checked: 11 minutes ago | Last updated: March 24th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,739
HOA Dues
$0/mo
Year built
1940
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
CV22003349
City
Los Angeles
County
Los Angeles
Time on Site
811 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $951
  • Total Rent: $951
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $998
  • Total Rent: $998
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $951
  • Total Rent: $951
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,812
  • Net Operating Income: $25,269
  • Gross Operating Income: --
  • # of Rented Garages: 3
  • Garage Rental Rate: $75
  • Garage Rental Income: $225
Annual Expense Breakdown
  • Total Operating Expense: $9,543
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,479
  • Trash: $300
  • Insurance: $1,347
  • Water/Sewer: $3,537

Property Details for 1013 E 81St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Good Condition, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Near Public Transit, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6029005015
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Private
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: South of Florence Ave & East of Avalon Blvd. 81st & Almost Corner with Central Avenue.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1013 E 81St St

Last sold for $724,900 on March 24th, 2022
  • February, 2022

  • Feb 9, 2022

    Date

    Active Under Contract

    CRMLS: CV22003349

    $724,900

    Price

  • December, 2014

  • Dec 2, 2014

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

  • February, 2009

  • Feb 18, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1013 E 81St St

Assessed Value (2020): $346,159
Year Land Value Improved Value Assessed Value
2020 $197,806 $148,353 $346,159

Home Value Compared to the Market

This property vs the competition

1013 E 81St St sold on March 24, 2022 for 29.55% lower than the current median sold price for the city of Los Angeles which is $1,029,000. The median sold price per/sqft for Los Angeles is $742 and this home is sold at $394.83 per/sqft which puts the price per square foot 46.79% lower than the current median sale per square foot for the city of Los Angeles.

About 1013 E 81St St

Detailed summary of property

1013 E 81St St is a triplex that recently sold in Los Angeles, CA 90001. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,836 living square feet, and sits on an approximately 5,739 square foot lot. 1013 E 81St St was first listed on ArdentRealEstateGroup.com on January 7, 2022. The homeowner sold the property for $724,900. Home in Los Angeles are selling for a median price of $1,029,000 and a median price per square foot of $742. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.55% lower than the current median priced home. Local homes that are currently for sale include 1523 E 83rd St, 1600 E 81st St and 936 E 91st St. While the average home in Los Angeles, CA is selling in 100 days, 1013 E 81St St has a days on market of 22 days. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. For more information on this home for sale at 1013 E 81St St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1013 E 81St St

Public county record property details
Beds
3
Baths
3
Year built
1940
Sq. Ft.
1,836
Lot Size
5,738
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1459
APN
6029-005-015

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$558
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$562
Total Inventory
35
Median Sale to List Price %
91.67%
Avg Days on Market
63
Loan Type
Conventional (22.22%), FHA (33.33%), VA (0%), Cash (22.22%), Other (22.22%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.