344 342 E 81st Los Angeles, CA $ 795,000
344 342 E 81st
$ 795,000
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344 342 E 81st

Los Angeles, CA, 90003
$ 795,000
Baths1.0 Sq 1,488

Monthly Estimate*

$ 5,020

Listed by Landmark Equity Builders
344 342 E 81st, Los Angeles, CA 90003 - Image 1
344 342 E 81st, Los Angeles, CA 90003 - Image 2
344 342 E 81st, Los Angeles, CA 90003 - Image 3
344 342 E 81st, Los Angeles, CA 90003 - Image 4
344 342 E 81st, Los Angeles, CA 90003 - Image 5
344 342 E 81st, Los Angeles, CA 90003 - Image 6
344 342 E 81st, Los Angeles, CA 90003 - Image 7
Studio

Multi-Family Home for sale in Los Angeles, CA

for $795,000 with 1 full bath. This 1,488 square foot home was built in 1964 on a lot size of 0.1198.

Excellent Income-Producing Duplex Opportunity in Los Angeles! Welcome to 342–344 E 81st St, a fully occupied duplex featuring two separate 2-bedroom, 1-bath residences. With consistent occupancy and no vacancy since 2018, this property offers an attractive opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The front residence features granite countertops, an updated kitchen, and laminate flooring. The second residence also offers laminate flooring throughout the main living areas, with a more traditional-style kitchen and tile flooring—providing an opportunity for a simple cosmetic update to add value.Both units are currently tenant occupied, offering immediate rental income. The property is situated in an established residential neighborhood with convenient access to surrounding Los Angeles employment, shopping, dining, schools, and transportation. Ideal for an investor looking to add a cash-flowing property to their portfolio, multigenerational living, or a future owner-occupant who wants the benefit of rental income from the second unit. Please do not disturb tenants. Property to be shown with an accepted offer. Financial information available upon request.

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Multi-Family Active

Price

$ 795,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1198

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC26175183

Days on Market

7

Features
General
Sewer Public Sewer
Heating Ductless
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Overhead Utilities
Possession Close Of Escrow
Roof Asphalt Shingle
Appliances Disposal Range Hood Vented Exhaust Fan Water To Refrigerator Water Heater
Zoning LAR2
HOA Fee 0
Garage Spaces 1
Architectural Style Craftsman
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Asphalt Drywall Glass Stucco Copper Plumbing
Year Built 1964
Electric Electricity - On Property 220 Volts
Tenant Pays Electricity Gas Trash Collection
View None
Property Subtype Duplex
Gross Income 62112
Community Features Curbs Park Storm Drain(s) Street Lights Sidewalks Urban
Accessibility Safe Emergency Egress from Home No Stairs Accessible Doors
County Los Angeles
Net Operating Income 51405
Operating Expense 8595
Insurance Expense 1200
New Construction false
Property Type Residential Income
HOA false
Facing Direction North
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Manchester Blvd head North to 81st St then turn Right
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 7
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5219
Carport Spaces 0
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional Cal Vet Loan 1031 Exchange FHA 203(b) FHA 203(k) FHA Fannie Mae Freddie Mac Government Loan VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Repairs Cosmetic Updated/Remodeled
Trash Expense 0
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 53
Total Actual Rent 60312
Property Sub Type Additional Duplex
Cap Rate 6.23
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Interior
Interior Amenities Ceiling Fan(s) Granite Counters All Bedrooms Down Bedroom on Main Level
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup In Kitchen
Entry Level 1
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Exterior
Fencing Chain Link Wood
Lot Features 2-5 Units/Acre Back Yard Front Yard Level No Landscaping Near Public Transit Paved Rectangular Lot Street Level Yard
Water Source Public
Total Parking 8
Lot Size Area 5219
Foundation Details Raised Slab
Number of Buildings 3
Spa false
Building Area Total 1488
Lot Size Acres 0.1198
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Landmark Equity Builders

Broker

lily@sunlilyenergy.com

Email

Affordability Calculator

$5,020
Per Month
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Monthly Principal & Interest
$5,020
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$795,000 Listed Price

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344 342 E 81st, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $795,000 with 1,488 sqft and a lot size of 0.1198. 344 342 E 81st is a studio with 1.0 baths and was built in 1964. The property's zip code is 90003 which is in Los Angeles, CA