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127 E 81st, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

127 E 81st, Los Angeles, California 90003 home-pic-0
ACTIVE$779,000
127 E 81st, Los Angeles, California 90003
0Bed
0Bath
1,534Sqft
4,761Lot
Year Built
1917
Close
-
List price
$779K
Original List price
$779K
Price/Sqft
$508
HOA
-
Days on market
-
Sold On
-
MLS number
DW25228145
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $779.0K(52th), sqft - 1534(36th), beds - undefined(50th), baths - undefined(50th).

Excellent investment or owner-occupant opportunity. This duplex offers two separate units: the front unit includes 2 bedrooms, 1 bathroom, and a bonus room, while the back unit features 2 bedrooms and 2 bathrooms. The property is ideally situated near schools, shopping centers, public transportation, and other everyday conveniences. Perfect for first-time buyers who want to live in one unit while generating rental income from the other, or for investors seeking reliable cash flow. Schedule your private showing today. Property is being sold AS-IS, WHERE-IS and is contingent upon the seller securing a replacement home. Both escrows must close concurrently. Please do not disturb occupants.

Price History

Date
Event
Price
10/03/25
Listing
$779,000
Condition Rating
Poor
The property, built in 1917, features highly outdated kitchens and bathrooms with old cabinets, appliances, fixtures, and flooring, suggesting renovations from 30-50+ years ago. The presence of window AC units indicates a lack of central cooling/heating, and the 'AS-IS, WHERE-IS' sale condition implies substantial repairs and rehabilitation are needed for major systems and cosmetic updates to meet modern living standards.
Pros & Cons

Pros

Income Potential: Duplex configuration offers two separate units, ideal for generating rental income or for an owner-occupant to offset mortgage costs.
Versatile Buyer Appeal: Attracts both first-time buyers seeking rental income and seasoned investors looking for reliable cash flow.
Convenient Location: Ideally situated near schools, shopping centers, public transportation, and other everyday conveniences, enhancing tenant desirability and owner convenience.
Flexible Living Space: The front unit includes a bonus room, providing additional functional space for various uses such as an office or den.
Desirable Unit Configuration: The back unit features 2 bedrooms and 2 bathrooms, a highly sought-after layout for renters, potentially commanding higher rental rates.

Cons

As-Is Condition: The property is sold 'AS-IS, WHERE-IS,' indicating the buyer will be responsible for all repairs and potential upgrades without seller contribution.
Contingent Sale: The sale is contingent upon the seller securing a replacement home, introducing potential delays and uncertainty for the buyer, as both escrows must close concurrently.
Advanced Age of Property: Built in 1917, the property is over a century old, which may imply the need for significant updates to systems and infrastructure, and potentially higher maintenance costs.

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