Property Overview

250 E 81st St is a versatile mixed-use property in Los Angeles, CA, offering both commercial and residential potential. Built in 1941, the property comprises three buildings on a 5,178 square-foot lot and spans a total living area of 3,058 square feet. Its mixed-use zoning makes it suitable for various applications, allowing investors flexibility and potential for diverse income streams. Located in a high-demand area, this property is well-suited for both residential and commercial tenants, appealing to investors looking for a property with adaptive uses.

Key Property Details

Location: 250 E 81st St, Los Angeles, CA 90003
Lot Size: 5,178 square feet (0.12 acres)
Total Living Area: 3,058 square feet
Buildings: 3 (multi-use)
Construction: Wood frame
Year Built: 1941
Zoning: LAR3 (Residential and Commercial permitted)
Use: Mixed-use (Commercial/Office/Residential)

Investment Highlights

The mixed-use nature of this property allows for rental income from both residential and commercial tenants, creating a stable and diversified revenue stream. This zoning flexibility also offers future development potential, making it an attractive option for investors looking to enhance their portfolio with a property that supports multiple income types. The property has seen steady appreciation in value, driven by ongoing demand for well-located rental spaces in the Los Angeles market.

Neighborhood and Accessibility

Located in a bustling area, 250 E 81st St is surrounded by various amenities, including retail shops, restaurants, and public transportation, which enhance its appeal to tenants. With convenient access to major freeways, the property is also well-positioned for commuting tenants and businesses that benefit from high foot traffic. The neighborhood is a vibrant community, with nearby developments that continue to add value to this area.

Market Trends and Financial Potential

The rental market in Los Angeles remains strong, and properties in this area have shown consistent occupancy rates and potential for rental growth. With the flexibility of mixed-use zoning, this property can adapt to market changes, allowing investors to optimize rental strategies for both residential and commercial spaces. The property’s strategic location and mixed-use capabilities make it a valuable addition to an investment portfolio.

For more information and to schedule a viewing, please contact Taylor Avakian, Founder, The Group CRE, First Vice President, Lyon Stahl.