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840 W 81st St, Los Angeles, CA, 90044

7beds
6baths
4,025sqft
$975,000
$242price/sqft
$7,015/moest. monthly cost
$280,600/yrincome needed

About This Home

6-unit income property featuring two separate buildings, each consisting of a triplex, situated on a spacious 9,303 sq ft lot with a total building size of 4,025 sq ft. This is an excellent value-add opportunity with strong upside potential in rental income. Three of the units have been tastefully remodeled with new flooring, fresh interior paint, updated electrical fixtures, modern kitchen cabinets with countertops, and renovated bathrooms. Two units will be delivered vacant, providing immediate flexibility for an owner-user or investor to achieve market rents. The property also offers additional income potential with a detached rear garage that may be suitable for ADU conversion (buyer to verify), as well as on-site laundry income potential, not currently in use. Well-located with convenient access to the 110 freeway and just a short drive to SoFi Stadium and the Intuit Dome, this asset is ideally positioned in a high-demand rental market. Perfect opportunity for investors seeking to maximize cash flow and long-term appreciation.

Getting Around

73
WalkingVery Walkable
64
TransitGood Transit
69
BikeBikeable

Schools

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 4,025
  • Total interior livable area: 4,025 sqft

Property

Details

  • Parcel number: 6032006013
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 9,306 sqft
  • Features: Near Park,Near Public Transit

Parking

  • Total spaces: 7
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,930$59,160
Home Insurance *$188$2,256
Property Taxes $1,034$12,408
Electricity $863$10,357
Total$7,015$84,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$240,514/yr
40% on housing$210,450/yr
45% on housing$187,066/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 90044$362
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90044$511
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Listed for sale$1,050,000
2020-09-01Listing removed$989,000
2020-05-16Listed for sale$989,000
2020-03-05Listing removed$989,000
2020-03-02Listed for sale$989,000
2005-10-18Sold$675,000
2003-12-10Sold$295,000
1999-05-27Sold$255,000

For Sale by Agent

AgentGabriel Matias Limon
BrokerageCentury 21 A Better Service

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