CA > Los Angeles
Los Angeles, CA 90003,250 E 81st St
Los Angeles, CA 90003,250 E 81st St
Los Angeles, CA 90003,250 E 81st St
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$875,000
Est. payment /mo
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5 Beds
5 Baths
3,884 SqFt
New

250 E 81st St Los Angeles, CA 90003

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Michelle Wong

Michelle Wong

Simply Vegas

+1(415) 577-2031

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,884 sqft

Price per Sqft $225

MLS Listing ID 25547765

Bedrooms 5

Year Built 1941

Lot Size 5,178 Sqft

Acres 0.1189

Property Sub-Type Multi-Family

Property Description

We are proud to present 250 E 81st St, a 6-unit mixed-use property in Los Angeles, offered at an 7.28% CAP and 8.54 GRM on current rents, with upside potential to achieve an 11.05% CAP and 6.35 GRM upon stabilization. Located just north of Manchester Ave and west of San Pedro St, in close proximity to John C. Fremont High School, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, and Crenshaw. The property is comprised of two separate structures a single-story front structure with two commercial units and a two-story rear building with four residential units offering a total of 3,884 rentable square feet. Built in 1928 and 1941 respectively, the property sits on a 5,178 SF LAR3-zoned corner lot with street access on both sides. The unit mix features two commercial units with frontage on San Pedro Street, as well as one two-bedroom two-bathroom unit and three one-bedroom units. The two-bedroom unit and both commercial units will be delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Contact listing broker for additional information.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling None

Equipment Other

Exterior

Parking Features Driveway

Garage Spaces 3.0

Building

Lot Description Single Lot

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

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agent

Michelle Wong

Agent | RE.0200772

+1(415) 577-2031

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250 E 81st St