636 W 81St St, Los Angeles, CA 90044
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636 W 81St St Los Angeles, CA 90044

$995,000
  • 4 Beds
  • 4 Baths
  • 2,088 Sq.Ft.
For Sale
$995,000 Get Pre-Qualified

Map preview of 636 W 81St St, Los Angeles, CA 90044

Property Overview: 636 W 81St St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,088 living square feet and 9,310 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity to rent out or develop this 9310 sq ft lot. Zoned LAR3, TOC Tier 1, Based on FAR 3, total buildable area may be 27,930 sq ft. , buyer to verify all information with the city for accuracy. Property consists of 4 freestanding 1 bedroom/ 1 bath bungalows with ample parking in the back and being rented on Airbnb as 30+ day rentals

Listed by Shamim Khorsand Mashhadi | BRE #02042990 | RE/MAX ESTATE PROPERTIES
Last checked: 43 seconds ago | Last updated: June 24th, 2024 | Source CRMLS | DOM: 11
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
9,310
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24404577
City
Los Angeles
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 636 W 81St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6032023003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 110 N. to Manchester Exit, turn Left to Figueroa , turn Right to 81st St, turn Left.
View more facts & features

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Sale History for 636 W 81St St

Last sold for $905,000 on April 18th, 2022
  • June, 2024

  • Jun 16, 2024

    Date

    Active

    CRMLS: 24404577

    $995,000

    Price

  • April, 2022

  • Apr 18, 2022

    Date

    Sold

    CRMLS: SB22037062

    $905,000

    Price

  • Feb 25, 2022

    Date

    Active

    CRMLS: SB22037062

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Rare bungalow style fourplex for sale in Los Angeles! This property has been professionally managed and well maintained for over a decade. The property features very solid in-place rents, but still offers approximately 17% rent upside. At over a 5% cap rate going in, this asset is a great opportunity for the cash flow minded buyer. The property features 9,300 SF of land and ample parking, with space for 8 cars behind a secure gate. An additional benefit is the potential for ADU’s in the rear of the property. Buyer to verify ADU opportunities with the City of LA.

  • January, 2009

  • Jan 19, 2009

    Date

    Expired

    CRMLS: 12114960

    $277,900

    Price

  • Aug 22, 2008

    Date

    Active

    CRMLS: 12114960

    $277,900

    Price

  • Listing provided courtesy of CRMLS

    SUPER SUMMER SIZZLING DEAL. ATTENTION ALL BUYERS!! 4 units with plenty of lot at a competitve price. Income property is in need of REPAIRS so bring your paint brush and tool kit and turn it in to the pride of the BLOCK....

  • December, 2008

  • Dec 16, 2008

    Date

    Sold (Public Records)

    Public Records

    $260,500

    Price

  • December, 2007

  • Dec 31, 2007

    Date

    Sold (Public Records)

    Public Records

    $297,913

    Price

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Tax History for 636 W 81St St

Assessed Value (2020): $442,726
Year Land Value Improved Value Assessed Value
2020 $329,693 $113,033 $442,726

Home Value Compared to the Market

This property vs the competition

636 W 81St St is listed 20.34% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $476.53 per/sqft which puts the price per square foot 38.75% lower than the median price per square foot for the city of Los Angeles.

About 636 W 81St St

Detailed summary of property

636 W 81St St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,088 living square feet, and sits on an approximately 9,310 square foot lot. 636 W 81St St was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $995,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.34% lower than the median priced home. Local competing homes currently for sale include 601 W 74th St, 317 W 76th St and 316 W 75th St. While the average home in Los Angeles, CA is selling in 98 days, 636 W 81St St has a days on market of 11 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 636 W 81St St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 636 W 81St St

Public county record property details
Beds
4
Baths
4
Year built
1925
Sq. Ft.
2,088
Lot Size
9,307
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
178
APN
6032-023-003

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$518
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
86
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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.