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$1,120,000
Est. payment /mo
8 Beds
4 Baths
5,740 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26086647
Bedrooms 8
Lot Size 5,740 Sqft
Lot Dimensions 45x127.5
Property Sub-Type Res Income 2-4 Units
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 incomea 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 regions 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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction north of Manchester Ave & just east of Avalon Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6029008027
Acceptable Financing Cash
Listing Terms Cash
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Listed by Derek Fowler, DRE#01319692 Re/Max Commercial & Investment
Nearby School & Business
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