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218 E 81st St, Los Angeles, CA 90003
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218 E 81st St Los Angeles, CA 90003

$575,000 Sold Price as of 05/25/2021
  • 4 Beds
  • 2 Baths
  • 1,482 Sq.Ft.
Sold
$575,000 Sold Price as of 05/25/2021 Refinance Your Mortgage
Map preview of 218 E 81st St, Los Angeles, CA 90003

Property Overview: 218 E 81st St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,482 living square feet and 5,065 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 218-20 E. 81st is nice duplex opportunity located in the city of Los Angeles, Ca. This 2 unit property has a front 2/1 single family home with a separate 2/1 unit in the rear just became vacant. There is also rear shed that has ADU potential or used for additional storage. This property allows potential for an owner-occupier to live in the rear unit and continue to collect rent from the front tenant. Or, an investor can come and remodel the rear unit and achieve market rents for a better return. This building was built in 1962 with a total size of 1,482sf sitting on 5,065sf of R2 zoned land. Convenient Location off 110 Freeway close to USC, DTLA, Huntington Park, South Gate, Inglewood, Local Parks & Recreation, and Restaurants & Shops.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,065
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21015780
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $979
  • Total Rent: $979
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 218 E 81st St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down, Kitchen, Living Room
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Shed(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Tandem Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6030006005
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Off 110 freeway exit Manchester between Main St and San Pedro St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 218 E 81st St

Last sold for $575,000 on May 25th, 2021

  • May, 2021

  • May 26, 2021

    Date

    Sold

    CRMLS: OC21015780

    $575,000

    Price

  • Apr 23, 2021

    Date

    Pending

    CRMLS: OC21015780

    $549,000

    Price

  • Apr 23, 2021

    Date

    Active

    CRMLS: OC21015780

    $549,000

    Price

  • Apr 7, 2021

    Date

    Pending

    CRMLS: OC21015780

    $549,000

    Price

  • Mar 23, 2021

    Date

    Active

    CRMLS: OC21015780

    $549,000

    Price

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: OC21015780

    $549,000

    Price

  • Feb 2, 2021

    Date

    Hold

    CRMLS: OC21015780

    $525,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: OC21015780

    $525,000

    Price

  • September, 2019

  • Sep 1, 2019

    Date

    Expired

    CRMLS: MB19118583

    $500,000

    Price

  • Aug 12, 2019

    Date

    Withdrawn

    CRMLS: MB19118583

    $500,000

    Price

  • May 21, 2019

    Date

    Active

    CRMLS: MB19118583

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    Two newly painted houses on a lot. This 1962 built property has been upgraded with newer hardwood floors in one unit and newly installed shower in another unit. Plumbing has been recently upgraded along with the newly landscaped grounds. The two houses on the lot consist of a two bedroom 2 bath and the additional 2 bed room 1 bath home. The fully gated property offers security and parking for approximately 8 cars if needed. This property looks sharp, and has been well maintained. One unit may be delivered vacant at the close of escrow. This property will not last long!

  • July, 2017

  • Jul 20, 2017

    Date

    Sold (Public Records)

    Public Records

    $93,000

    Price

  • May, 2013

  • May 22, 2013

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

Show More

Tax History for 218 E 81st St

Assessed Value (2020): $480,664
Year Land Value Improved Value Assessed Value
2020 $280,908 $199,756 $480,664

Home Value Compared to the Market

This property vs the competition

218 E 81st St sold on May 25, 2021 for 56.91% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $370.45 per/sqft which puts the price per square foot 53.17% lower than the current median sale per square foot for the city of Los Angeles.

About 218 E 81st St

Detailed summary of property

218 E 81st St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,482 living square feet, and sits on an approximately 5,065 square foot lot. 218 E 81st St was first listed on ArdentRealEstateGroup.com on March 23, 2021. The homeowner sold the property for $575,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 56.91% lower than the current median priced home. Local homes that are currently for sale include 9811 S Vermont Ave, 1253 W 65th St and 1513 W Florence Ave. While the average home in Los Angeles, CA is selling in 100 days, 218 E 81st St has a days on market of 20 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 218 E 81st St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 218 E 81st St

Public county record property details
Beds
3
Baths
2
Year built
1962
Sq. Ft.
1,482
Lot Size
5,065
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
6030-006-005

The source for these homes facts are from public records.

90003 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.
$583
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$479
Total Inventory
44
Median Sale to List Price %
94.02%
Avg Days on Market
140
Loan Type
Conventional (50%), FHA (16.67%), VA (0%), Cash (33.33%), Other (0%)

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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.

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