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Five-Unit Multifamily Investment Opportunity
For Sale
$1,400,000

823 W 81st St, Los Angeles, CA 90044

Well-maintained five-unit property with new flooring and cabinets.

Property Size1 SF
Lot Size0.21 Acres
Days on Market261

Property Features for 823 W 81st St

General Information

Standard status Active
Size 1 SF
Lot size 0.21 Acres
Property subtype Investment

Building Details

Building Size 1 SF
Year Built 1923
Units 5
Listing Agency:
Listed By: Nicole Willis
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nicole Willis

Investment Insights

Based on property information with market context.

This is a five-unit multi-family property suitable for investors seeking rental income. The property is located in a desirable location near major highways. The property features new flooring throughout and two units have newly installed cabinets. There are five parking spaces available. This property offers potential and long-term value.

Key Highlights

  • Strong rental income potential from a 5‑unit multi‑family property.
  • Desirable location near major highways, ensuring high tenant demand.
  • Well‑maintained property suitable for investors.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,591
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained five-unit property with new flooring and cabinets.
Where is this apartment building located?
The property is located at 823 W 81st St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Strong rental income potential from a 5‑unit multi‑family property.; Desirable location near major highways, ensuring high tenant demand.; Well‑maintained property suitable for investors.
More about this property
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