146 W 81st, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $749,999—positioned above the $724,521 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, offering turnkey appeal with remodeled kitchens and updated fixtures. Each unit includes a private backyard and garage, providing a high-demand "single-family feel" that drives rental stability. With separately metered utilities and one vacant unit ready for market-rate leasing, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 146 W 81st Subject | $749,999* List Price | 0 | 0 | 1,820 | $398 | - |
A 219 E 76th Sold | $800,000 | 0 | 0 | 2,264 | $353 | 0.4 mi |
B 8115 S San Pedro Sold | $730,000 | 0 | 0 | 1,567 | $466 | 0.3 mi |
C 217 E 77th Street Sold | $905,000 | 0 | 0 | 2,120 | $427 | 0.4 mi |
D 253 E 82nd Sold | $750,000 | 0 | 0 | 1,612 | $465 | 0.3 mi |
E 431 W 78th Sold | $900,000 | 0 | 0 | 2,415 | $373 | 0.4 mi |
F 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.3 mi |
G 352 E 84th Active | $799,000 List Price | 0 | 0 | 1,984 | $403 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property has undergone significant recent renovations including remodeled kitchens in two units, new tile flooring, recessed lighting, and updated water heaters and toilets. The interior appears move-in ready and well-maintained, though the exterior and wall-mounted heating systems reflect the building's original age.
The property features significant recent improvements, including two remodeled kitchens, new wood fencing, and updated plumbing fixtures, minimizing immediate maintenance costs for an investor.
Rare for multi-family assets, each unit boasts its own private backyard and a dedicated one-car garage, providing a high-demand 'single-family feel' that commands premium tenant interest.
All units are separately metered for both gas and water, shifting the primary utility burden to tenants and protecting the owner's net operating income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 1820.
Located in Los Angeles, the property is subject to local rent stabilization ordinances, which may limit the owner's ability to immediately align the long-term tenant's rent with current market rates.
With two of the three units being 1-bedroom configurations, the property may face a more limited tenant pool and higher turnover compared to larger, family-sized units.
TRIPLEX | LOS ANGELES | INVESTOR SPECIAL Rare income-producing triplex in a family-friendly Los Angeles neighborhood. Three units (one 2BD/1BA, two 1BD/1BA), each with a private backyard, one-car garage, and driveway parking. Units are separately metered for water and gas. Two units feature remodeled kitchens, recessed lighting, fresh paint, and tile flooring. All units upgraded with newer water heaters, toilets, and front entry doors. Current rental mix includes one Section 8 tenant, one long-term tenant, and one vacant unit ready for immediate leasing at market rents( 1bedroom unit is vacant could be rented at $2200). New wood fencing, manicured landscaping, and proximity to schools, shopping, parks, transit, and freeways make this a turnkey investment in a high-demand market. Live in one. Rent the rest. Build your portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,820 | 2,250 |
| Lot Size | 7,320 | 5,864 |
| Price | $750.0K | $826.7K |
| Price per sq ft | $412 | $395 |
| Built year | 1953 | 1925 |
| HOA | $0 | $0 |
| Days on market | 13 | 83 |
Jul 9, 2026
$749,999
Initial Listing
Aug 29, 2023
$650,000
Public Record
Oct 24, 2002
$182,500
Public Record
Nov 24, 1999
$133,000
Public Record