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

$660,000 Sold Price as of 07/01/2020
  • 3621 Beds
  • 2898 Baths
  • -- Sq.Ft.
Sold
$660,000 Sold Price as of 07/01/2020 Refinance Your Mortgage
Map preview of 723 E 81St St, Los Angeles, CA 90001

Property Overview: 723 E 81St St Los Angeles, CA has 3621 bedrooms, 2898 bathrooms, -- living square feet and 5,104 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a classic, beautiful Spanish-style 3 BR+2 BA home with BONUS ROOM & 2-CAR GARAGE- PLUS two 1BR+1BA cottage-style rental units that generate additional income. The original Spanish charm kept in-tact throughout the remodeling of the kitchen, bathrooms, living room and bedrooms. New paint and flooring throughout to create an inviting space in any room. You'll spend less time on repairs and more time enjoying your new home given the new roof, electrical panel, plumbing updates. The beautifully landscaped front yard & center courtyard are charming, privately fenced and a great outdoor space for family and friends to gather. The two-car garage sits at the rear of the property with private alley access-Use the garage for parking, storage or turn into a "man cave". This property is move-in ready, all it needs is you! Home sits 2 walking blocks to Central Ave. which is under redevelopment though the Florence-Firestone Community Plan. Buyer to research.

Listed by Camille Ellison | BRE #01938799 | Ellie B., A Real Estate Company
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,104
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20557582
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 723
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 725
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 727
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.55
  • Gross Scheduled Income: --
  • Net Operating Income: $55,080
  • Gross Operating Income: $64,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 723 E 81St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Baseboard, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Laminate, Tile, Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Garage - Two Door
Lot Information
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6029007006
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: North of Manchester, South of Florence; East of Avalon, West of Central Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 723 E 81St St

Last sold for $660,000 on July 1st, 2020

  • July, 2020

  • Jul 4, 2020

    Date

    Sold

    CRMLS: 20557582

    $660,000

    Price

  • Mar 12, 2020

    Date

    Active Under Contract

    CRMLS: 20557582

    $749,000

    Price

  • Feb 26, 2020

    Date

    Active

    CRMLS: 20557582

    $749,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • October, 2018

  • Oct 12, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 723 E 81St St

Assessed Value (2020): $51,802
Year Land Value Improved Value Assessed Value
2020 $14,765 $37,037 $51,802

Home Value Compared to the Market

This property vs the competition

723 E 81St St sold on July 1, 2020 for 33.12% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 723 E 81St St

Detailed summary of property

723 E 81St St is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 3621 bedrooms, 2898 bathrooms, roughly -- living square feet, and sits on an approximately 5,104 square foot lot. 723 E 81St St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $660,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.12% lower than the current median priced home. Local homes that are currently for sale include 215 W 89th St, 344 W 84th Pl and 344 W 84th Pl. While the average home in Los Angeles, CA is selling in 106 days, 723 E 81St St has a days on market of 15 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 723 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 723 E 81St St

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
2,001
Lot Size
5,104
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1425
APN
6029-007-006

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
$589,000
Median List Price/Sq.Ft.
$551
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
35
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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