344 342 E 81st, Los Angeles, CA 90003

$795,000

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List Price
$795,000
Status
ACTIVE
MLS#
OC26175183
Year Built
1964
Lot Size
5,219
Acres
0.12
Lot Location
2-5 Units/Acre, Back Yard, Front Yard, Level, No Landscaping, Near Public Transit, Paved, Rectangular Lot, Street Level, Yard
Days on Market
1
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Duplex

Property Description

Excellent Income-Producing Duplex Opportunity in Los Angeles! Welcome to 342–344 E 81st St, a fully occupied duplex featuring two separate 2-bedroom, 1-bath residences. With consistent occupancy and no vacancy since 2018, this property offers an attractive opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The front residence features granite countertops, an updated kitchen, and laminate flooring. The second residence also offers laminate flooring throughout the main living areas, with a more traditional-style kitchen and tile flooring—providing an opportunity for a simple cosmetic update to add value.Both units are currently tenant occupied, offering immediate rental income. The property is situated in an established residential neighborhood with convenient access to surrounding Los Angeles employment, shopping, dining, schools, and transportation. Ideal for an investor looking to add a cash-flowing property to their portfolio, multigenerational living, or a future owner-occupant who wants the benefit of rental income from the second unit. Please do not disturb tenants. Property to be shown with an accepted offer. Financial information available upon request.

Additional Information

Appliances
Disposal, Range Hood, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Pool Description
None
Heat
Ductless
Cooling Description
None
View
None
Exterior Construction
Asphalt, Drywall, Glass, Stucco, Copper Plumbing
Roof
Asphalt, Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Granite Counters, All Bedrooms Down, Bedroom on Main Level
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$60,000
Operating Expense
8595

Listing courtesy of Listing Agent: Lily Valdez (lily@sunlilyenergy.com) from Listing Office: Landmark Equity Builders.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.