624 E 80th, Los Angeles, CA 90001

$1,120,000

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List Price
$1,120,000
Status
ACTIVE
MLS#
SB26086647
Year Built
1926
Lot Size
5,740
Acres
0.13
Lot Location
0-1 Unit/Acre
Days on Market
97
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Rare opportunity to acquire a professionally managed investment property in Los Angeles. 624 E 80th Street features a 2,959-square-foot building situated on a 5,740-square-foot lot. This high-performance asset is comprised entirely of 2-bedroom, 1-bathroom units, offering an in-demand layout for the local rental market. The property features a charming, single-story front home with a beautifully with a landscaped yard. The gated entry leads to ample parking in the rear, a nice amenity for this high-density neighborhood. Strategically positioned for investors, the building boasts excellent in-place income—a significant advantage within a rent-restricted market. Its condition reflects a high standard of professional management, helping the transition for the next owner. The location offers connectivity, situated just moments from major freeway interchanges. Tenants enjoy rapid access to the region’s premier employment and entertainment hubs, including LAX, SoFi Stadium, USC, and Downtown Los Angeles. With a desirable 2 bedrooms and a centralized location, this property is a standout addition to any real estate portfolio.

Additional Information

Taxes
$7,973
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$91,368
Operating Expense
27840

Listing courtesy of Listing Agent: Derek Fowler (dfowler@remax.net) from Listing Office: Re/Max Commercial & Investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.