Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90003 250 E 81st Street

250 E 81st Street Los Angeles, CA - Image 1250 E 81st Street Los Angeles, CA - Image 2250 E 81st Street Los Angeles, CA - Image 3
2 more
250 E 81st Street Los Angeles, CA - Image 4250 E 81st Street Los Angeles, CA - Image 5250 E 81st Street Los Angeles, CA - Image 6
Presented By: Casey Lins with Kidder Mathews of California, Inc.;
  • MLS# 25547765
  • 06/10/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 3,884
  • Year Built • 1941

Home Details

We are proud to present 250 E 81st St, a 6-unit mixed-use property in Los Angeles, offered at an 7.28% CAP and 8.54 GRM on current rents, with upside potential to achieve an 11.05% CAP and 6.35 GRM upon stabilization. Located just north of Manchester Ave and west of San Pedro St, in close proximity to John C. Fremont High School, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, and Crenshaw. The property is comprised of two separate structures a single-story front structure with two commercial units and a two-story rear building with four residential units offering a total of 3,884 rentable square feet. Built in 1928 and 1941 respectively, the property sits on a 5,178 SF LAR3-zoned corner lot with street access on both sides. The unit mix features two commercial units with frontage on San Pedro Street, as well as one two-bedroom two-bathroom unit and three one-bedroom units. The two-bedroom unit and both commercial units will be delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Contact listing broker for additional information.
Presented By: Casey Lins with Kidder Mathews of California, Inc.;

Interior Features for 250 E 81st Street

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths5
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
LivingAreaSourcePlans
Total Stories2

General for 250 E 81st Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.28
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsGoogle Maps: 250 E 81st St, Los Angeles, CA 90003
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income102409.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5178.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income63724.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1941
Year Built SourceAssessor
ZoningLAR3

Exterior for 250 E 81st Street

Building Area Total3884.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1189
Lot Size Area5178.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking3.0
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $875,000
MLS#25547765
List Date 06/10/2025
Property Type Multi-Family
Request Tour
Request Info

Similar Properties to 250 E 81st Street

Skip to content