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847 W 81st St, Los Angeles, California 90044, Los Angeles, 90044 - 7 bed, 3 bath

847 W 81st St, Los Angeles, California 90044 home-pic-0
ACTIVE$849,888
847 W 81st St, Los Angeles, California 90044
7Beds
3Baths
2,529Sqft
9,302Lot
Year Built
1915
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
41111568
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $849.9K(90th), sqft - 2529(94th), beds - 7(98th), baths - 3(93th).

Seize this exceptional opportunity with 2 SFRs on 1 lot built in 1915 offering significant upside for the savvy cash investor. This property is poised for a rapid transaction sold strictly in AS-IS condition. PROPERTY HIGHLIGHTS Multi Family Income Potential, a proven asset class in a high demand Los Angeles market, Spacious Layout Featuring 7 bedrooms and 3 bathrooms across approximately 2529 sqft of living space between 2 properties, and Generous Lot Size Situated on a substantial 9302 sqft lot offering potential for expansion or enhanced outdoor amenities. Strategic Location Located in the South Los Angeles neighborhood ZIP code 90044 with convenient access to local amenities and transportation. This one won't last! Secure this high potential Los Angeles investment!

Nearby schools

/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.4mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.8mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.9mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.0mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.1mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.1mi
3/10
Loren Miller Elementary School
Public,•K-6•1.7mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.0mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•1.4mi
1/10
Horace Mann Junior High School
Public,•6-8•1.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.1mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
2/10
George Washington Preparatory High School
Public,•9-12•2.1mi
9/10
Middle College High School
Public,•9-12•3.5mi

Price History

Date
Event
Price
09/13/25
Listing
$849,888
Condition Rating
Poor
Built in 1915 and sold strictly 'AS-IS,' this property requires substantial rehabilitation. The kitchen, while functional, features very dated cabinets, countertops, backsplash, and a mix of old appliances. The living area has significantly outdated laminate flooring with green inserts and older light fixtures. Given its age and 'as-is' status, major systems (electrical, plumbing, HVAC) are highly likely to require extensive upgrades and modernization, aligning with the 'poor' condition criteria for substantial repairs and rehabilitation.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Multi-Unit Income Potential: The property features two single-family residences on one lot, offering significant multi-family income potential in a high-demand Los Angeles market.
Generous Lot Size: A substantial 9302 sqft lot provides ample space for outdoor amenities or potential future expansion, adding significant value.
Strategic Los Angeles Location: Situated in the South Los Angeles neighborhood (ZIP 90044) with convenient access to local amenities and transportation, enhancing its appeal and rental demand.
Spacious Layout: Offers a considerable 2529 sqft of living space with 7 bedrooms and 3 bathrooms, suitable for multiple tenants or a large family.
High Investment Upside: Positioned as an exceptional opportunity for savvy cash investors with significant upside potential in a competitive market.

Cons

As-Is Sale Condition: The property is sold strictly in 'AS-IS' condition, indicating potential for required repairs, renovations, or upgrades at the buyer's expense.
Historic Property Age: Built in 1915, the property may require substantial modernization, system upgrades, and ongoing maintenance typical of older homes.
Limited Buyer Pool: Explicitly marketed towards 'savvy cash investors' and 'rapid transaction,' which may significantly limit the pool of potential buyers requiring traditional financing.

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