1530 W 81st Street, Los Angeles, California 90047, Los Angeles, 90047 - 0 bed, 0 bath
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1530 W 81st Street
Los Angeles, California 90047
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,852Sq Ft
7,078Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$769,631
10% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned above the $768,061 Fair Market Value by 10%. While the property carries a Condition Rating of 3, it offers significant operational flexibility with vacant delivery options for both a 1-bedroom and a 3-bedroom unit. This Triplex Asset features a strong unit mix and immediate repositioning potential to improve cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage vacancy for long-term wealth building.
Estimated Market Value
$769,631
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1530 W 81st Street Subject 0 bd · 0 ba · 2,852 sqft · $270 | $850,000* List Price | 0 | 0 | 2,852 | $270 | - |
A - 1411 W 84th Place Sold 0 bd · 0 ba · 3,863 sqft · $252 · 0.3 mi | $975,000 | 0 | 0 | 3,863 | $252 | 0.3 mi |
B 1605 W 87th Active 0 bd · 0 ba · 2,976 sqft · $329 · 0.4 mi | $979,900 List Price | 0 | 0 | 2,976 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1928, the property shows signs of recent renovations within the 5-15 year range. The kitchen features updated countertops, tile flooring, and modern stainless steel appliances. The utility area shows a well-maintained water heater with proper safety strapping, making the units functional and move-in ready for tenants or Airbnb guests.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Exceptional Vacancy Flexibility
The ability to deliver both a one-bedroom and a three-bedroom unit vacant provides a rare opportunity for owner-users to move in or for investors to immediately capture market-rate rents.
- High-Demand Unit Mix
The property features two large 3-bedroom units, which are highly sought after in the Los Angeles rental market and typically command premium rents compared to smaller configurations.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1928, the property likely requires ongoing maintenance and potential capital expenditures for system upgrades common in vintage structures.
- Low Local School Ratings
The immediate neighborhood schools carry low performance ratings (1-3), which may limit the appeal for long-term family tenants and impact future resale demand.
About 1530 W 81st Street
1 BEDROOM 1 BATH VACANT AT COE Second 3 Bed Unit may Also Be Delivered VACANT. Depending on offer terms, a buyer may have the ability to control both the front 1-bedroom and one of the 3-bedroom units, creating major owner-user or repositioning upside. 1530 W 81st St is a rare 3-unit opportunity with the kind of vacancy flexibility buyers fight for. The property features a strong unit mix of (2)3+1 units and (1)1+1 unit, current income in place, on-site parking, and a clear path to improve cash flow from day one. For an owner-user or investor looking for a small multifamily asset with real upside, this one has the setup: income, vacancy, flexibility, and control.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1928
- Lot Size
- 7,078 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Raymond Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
La Salle Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,852 | 2,090.331 |
| Lot Size | 7,078 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $298 | $394 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 48 | 87 |
Pricing History
Listed for Sale
Sep 22, 2026
$850,000
Initial Listing
Sold
May 20, 2019
$640,000
Public Record
Sold
Apr 30, 2010
$235,000
Public Record
Sold
Feb 7, 2006
$565,000
Public Record