$868,000
MLS: PW26227973
Beds
—
Baths
—
Sq Ft
1,502
Lot
0.22 ac
Year Built
1923
MLS #
PW26227973
Days on Market
7
Listed
Oct 22, 2026
Description
GREAT OPPORTUNITY FOR HOMEOWNERS, INVESTORS & DEVELOPERS! Welcome to 947 W 81st St, Los Angeles! This versatile duplex sits on a spacious 9,458 SQFT lot, offering incredible potential for both comfortable living and future investment. Perfect for buyers looking to live in one unit and rent out the other for additional income, or for investors seeking rental income and long-term appreciation. For developers, the property offers exciting expansion potential with plans for a total of 7 units, including six 3-bedroom, 2-bathroom units with attached 2-car garages and one 2-bedroom, 1-bathroom unit. Conveniently located near schools, shopping, dining, and major freeways. Whether you’re looking for a place to call home, an income-producing property, or your next development project, this property offers endless possibilities! Property to be delivered vacant. Buyer to verify all plans, permits, zoning, and development potential with the City of Los Angeles.
Location
Los Angeles, Los Angeles County, CA 90044
Open on Google Maps ↗Listed by: Truc Doan · Vui Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,896
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $86,800 · Loan: $781,200
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,366
- Property tax (1.25%)
- $904
- Homeowners insurance
- $300
- Mortgage insurance
- $326
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $30,380 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90044 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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