$795,000

344 342 E 81st Los Angeles, CA 90003

Los Angeles Area

Estimated payment $5,014/month

4 Beds
2 Baths
1,488 Sq Ft
$534 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Granite Countertops
  • No HOA
  • Property is near public transit
  • Private Yard
  • Living Room

About This Home

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.

Listing Agent

Lily Valdez

Landmark Equity Builders Brokerage Phone: 562-397-9900 License #02013152 Listed on: 08/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 5,219 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • No Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 7 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Copper Plumbing
  • Asphalt
  • Stucco

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring

Kitchen

  • Range Hood
  • Water Line To Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Vented Exhaust Fan
  • Overhead Utilities
  • 220 Volts
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 53 / 3
  • Tax Tract Number 26
  • Assessor Parcel Number 6030021026
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Other Expense $5,000
  • Water Sewer Expense $1,200
  • Operating Expense $8,595
  • Gross Income $62,112
  • Net Operating Income $51,405

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

5,219 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 6.23
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6030021026
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 534.27
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle, Asphalt
  • Spa: No
  • Construction Materials: Stucco, Asphalt, Glass, Drywall Walls

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Disposal, Vented Exhaust Fan, Range Hood, Water Line to Refrigerator
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Ductless
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban, Storm Drains, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Paved, Lot 6500-9999, Rectangular Lot, Utilities - Overhead, Level, Near Public Transit, No Landscaping, 2-5 Units/Acre, Front Yard, Back Yard, Yard
  • Lot Size Sq Ft: 5219.00
  • Lot Size Acres: 0.1198
  • Latitude Manual: 33.96537300

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Garage Income: 1800.00
  • Gross Income: 62112.00
  • Gross Scheduled Income: 60000.00
  • Gross Spendable Income: 51405.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5219.0000 Square Feet
  • Net Operating Income: 51405.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8595.00
  • Other Expense: 5000.00
  • Other Expense Description: prop tax
  • Rent Control: Yes
  • Total Actual Rent: 60312.00
  • Total Expenses: 8595.00

Tax Info

  • Tax Block: 3
  • Tax Lot: 53
  • Tax Tract Number: 26
  • TaxOtherAnnualAssessmentAmount: 369.00

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/10/2026 08/10/26 For Sale $795,000 -- $534 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26175183

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90003

344 342 E 81st, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Lily Valdez
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Landmark Equity Builders
(562) 397-9900
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