Home For Sale In Los Angeles, California

house for sale

Listed: 06/19/24

716 W 81st St, Los Angeles, California, 90044

18 Bed:

11 Bath:

7,795 Sq Ft Living Area:

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Price

$ 2M

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About This House

First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, one tenant in eviction and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. All 3 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.

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Houses for sale in Los Angeles

Original listing

Vermont Knolls Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$736,259 (0%)
Jul 2024	$736,259 (-2.4%)
Jun 2024	$753,984 (-3.8%)
May 2024	$783,739 (-2.2%)
Apr 2024	$801,049 (+5%)
Mar 2024	$762,689 (0%)

In August 2024, the asking price for 3 bed houses for sale in/near Vermont Knolls, Los Angeles, United States averaged $736,259, staying on the same level compared to the previous month.

Median price trends for properties for sale in Vermont Knolls, Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.