Five-Unit Multifamily Investment
For Sale
$1,400,000
823 W 81st Street, Los Angeles, CA 90044
Five-unit residential income property with newly updated flooring and parking for five vehicles.
Property SizeContact for details
Days on Market310
Property Features for 823 W 81st Street
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Year Built
1923
Listing Agency:
Rise Realty
(949) 501-3007
Listed By:
David Nasr · License #02110308
(949) 501-3007
Source:
Exitrealty
Added: Oct 11, 2025
Changed: Aug 8
Last Checked: Aug 16 at 4:03AM
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 Rise Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily property is configured as a five-unit apartment building. The offering is described as well-maintained, with brand-new flooring installed throughout. In addition, two of the units feature newly installed cabinets, providing updated interior finishes within the existing unit mix.
The property is located at 823 W 81st Street in Los Angeles, CA 90044. Public remarks note convenience to major highways, which can support everyday tenant access and accessibility for residents.
For buyers and investors, this is a straightforward five-unit asset with on-site parking included (five parking spaces). The combination of refreshed flooring across the building and cabinet updates in select units may help reduce near-term turnover-related work. The property’s established apartment configuration makes it suitable for an owner-operator or an investor looking to add a small multifamily building to an existing portfolio. Please contact us for additional details and to schedule a private showing.
The property is located at 823 W 81st Street in Los Angeles, CA 90044. Public remarks note convenience to major highways, which can support everyday tenant access and accessibility for residents.
For buyers and investors, this is a straightforward five-unit asset with on-site parking included (five parking spaces). The combination of refreshed flooring across the building and cabinet updates in select units may help reduce near-term turnover-related work. The property’s established apartment configuration makes it suitable for an owner-operator or an investor looking to add a small multifamily building to an existing portfolio. Please contact us for additional details and to schedule a private showing.
Key Highlights
- 1923‑built 5‑unit multi‑family/Residential income property
- Brand‑new flooring throughout the property
- Two units feature newly installed cabinets
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit residential income property with newly updated flooring and parking for five vehicles.
Where is this apartment building located?
The property is located at 823 W 81st Street 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: 1923‑built 5‑unit multi‑family/Residential income property; Brand‑new flooring throughout the property; Two units feature newly installed cabinets
