1 year on rocket

948 W 81st St, Los Angeles, CA, 90044

$1,575,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
3 Full Baths
2,440 SqFt
$645/SqFt
Multi
Schools Nearby

Location

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948 W 81st St, Los Angeles$1,575,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1914
CoolingNone
FireplaceNone
ViewCity Lights
MLS #SR23005497
Lot Size0.15 Acres
StatusActive

About 948 W 81st St

What Incredible Opportunity just hit the Market. Right in the Heart of Greater Los Angeles. This Triplex will be delivered completely VACANT. 3 individual homes on One Lot. First Home features 4 Bedrooms 1 Bath. Ample front yard, with lawn and a Nice Covered Porch to provide a seating area. Second Home features 2 Bedrooms 1 Bath with Concrete wrapped around this home which provides Current Parking Area. Third Home features 3 Bedrooms 1 Bath which is currently being renovated also has wrapped around concrete providing additional parking or even RV Access or room to build storage sheds. Ample and nicely fenced Lot measuring 6,324 square foot with double gates for parking or multi-entrys to the property. This Home is Conveniently located near USC within a 5-mile radius. Downtown, Crypto Center, 110 hbr fwy just min away. LAX is also only with in a ten-mile radius. This property is in need of TLC and a great investor to turn this property into endless possibilities. Each Unit has Separate Gas and Electric Meters. There are Washer and Dryer hook up available. Perfect Rental, AIRBNB. Muti-family Living, or Secondary Home Property.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 1
  • Living Area: 2,440 SqFt

Listing Office:

  • Office Name: BGA Properties Inc
  • Office Phone: (818) 523-1956
  • Listing Agent: Lidia Guzman

Interior Features

Interior Information:

  • Interior: High Ceilings, Two Story Ceilings
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mary Mcleod Bethune Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Loren Miller Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 81st Street Near Vermont

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,575,000
  • Price Per SqFt: $645/SqFt

Tax Information:

  • Annual Amount: $11,512
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

948 W 81st St vs Los Angeles

476 DAYS ON ROCKET

+442 Days

$1,575,000

+$588.5K More

$645/SqFt

+$13 More

KEY TAKEAWAY

This property is $588.5K more than the Median Sold Price and $13/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR23005497

Listing Office:

  • Office Name: BGA Properties Inc
  • Office Phone: (818) 523-1956
  • Listing Agent: Lidia Guzman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 9:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 2003Home Sold
$255,000
Jan 16, 1998Home Sold
$227,000
Jul 23, 1997Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,512$575,778
2020$8,320$569,875
2019$8,215$304,672
2018$8,137$298,699
2017$8,137$292,843

History based on county public records data.

Payment Calculator

$7,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,788

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4384411
4
/10
  • Loren Miller Elementary School

  • 830 W 77th St

  • 0.30 miles

  • Public District Grades KG-6

school-card-donut-4384412
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.81 miles

  • Public Magnet Grades KG-6

school-card-donut-4384413
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.34 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4384414
3
/10
  • Mary Mcleod Bethune Middle School

  • 155 W 69th St

  • 1.21 miles

  • Public Magnet Grades 6-8

school-card-donut-4384415
4
/10
  • Studio

  • 2211 W Avenue 30

  • 10.12 miles

  • Public District Grades 6-8

High School

school-card-donut-4384416
2
/10
  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 1.28 miles

  • Public Magnet Grades 9-12

school-card-donut-4384417
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.74 miles

  • Public Magnet Grades 9-12

school-card-donut-4384418
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.75 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,091. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90044948 W 81st St

This home is located at 948 W 81st St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 2,440 square foot home, which was built in 1914, sits on a 0.15 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 11, 2023 and is currently priced at $1,575,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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