320 East 81st, Los Angeles, CA 90003
320 East 81st, Los Angeles, CA 90003
Property Description
Rare LAR2-zoned opportunity in Los Angeles. Set on a 5,227-square-foot lot — above the 5,000 sq ft threshold for two-family residential use — this property offers exceptional flexibility for future expansion, rental income, or multi-generational living (subject to city approval and buyer verification). Gated rear-alley access leads directly to a two-car garage and backyard with parking for six or more vehicles, making the site uniquely practical for development or investment. Built in 1954 and tastefully refreshed, this 3-bedroom, 2-bath home offers 1,220 square feet of bright, well-designed living with fresh paint, laminate flooring, contemporary fixtures, and a warm living room fireplace. The modernized chef's kitchen anchors the home with sleek quartz countertops, stainless steel appliances, and generous cabinetry that balances style with everyday function. Outdoor space includes a spacious patio ideal for entertaining or future personalization, plus an approximately 8' x 8' detached storage unit. With easy access to major freeways, parks, schools, transit, and dining, this property seamlessly blends polished updates, rare zoning flexibility, and long-term investment potential in one of LA's most well-connected locations.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Single Family Residence · Lease Land
Listed 27.6% below the median closed sale of $967,000. Price per sqft ($574) is a 37% discount to closed comps ($917). Closed comps sold at 107% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 5112 Kimball St. | Los Angeles | 1956 | 3 | 1 | 945 | 6,789 | $940 | $888,000 | 4 | 80 |
| 6226 Goodland Avenue | Los Angeles | 1947 | 3 | 1 | 936 | 5,979 | $960 | $899,000 | 37 | 78 |
| 7203 Earldom Avenue | Los Angeles | 1954 | 2 | 1 | 922 | 4,929 | $1,405 | $1.29M | 1 | 77 |
| 823 102nd | Los Angeles | 1944 | 2 | 1 | 922 | 5,001 | $634 | $585,000 | 54 | 75 |
| 4804 Mascot Street | Los Angeles | 1911 | 3 | 2 | 936 | 4,476 | $999 | $935,000 | 46 | 73 |
| Total: 5 · Average | 2.6 | 1.2 | 932.2 | 5,434.8 | $987.6 | $920,400 | 28.4 | |||
| Median | 936 | $899,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3451 Estrada | Los Angeles | 1938 | 10/07/2026 | 3 | 2 | 1,016 | 4,254 | $598,888 | $600,000 | $591 | 1.00 | 62 | 83 |
| 5876 75th | Los Angeles | 1950 | 10/08/2026 | 2 | 1 | 1,193 | 7,555 | $1.08M | $1.40M | $1,174 | 1.29 | 84 | 83 |
| 11332 Bolas Street | Los Angeles | 1942 | 10/09/2026 | 2 | 2 | 1,331 | 5,287 | $2.00M | $1.95M | $1,464 | 0.98 | 41 | 82 |
| 4548 Catalpa Street | Los Angeles | 1947 | 10/06/2026 | 2 | 1 | 1,084 | 5,016 | $750,000 | $730,000 | $673 | 0.97 | 208 | 82 |
| 6235 Condon | Los Angeles | 1948 | 10/08/2026 | 2 | 2 | 1,412 | 7,707 | $875,000 | $967,000 | $685 | 1.10 | 45 | 81 |
| Total: 5 · Average | 2.2 | 1.6 | 1,207.2 | 5,963.8 | $1.13M | $1.13M | $917.4 | — | 88 | ||||
| Median | 1,193 | $967,000 | $967,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.