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… Read More 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. Read Less
Property listed by Re/Max Commercial & Investment, Derek Fowler 310-259-7556
Listing Snapshot
Days Online
56
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1926
MLS Number
SB26086647
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1926, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Ground
Community
Curbs, Gutters, Sidewalks
Expenses
Operating: $27,840
Home Owner's Association
Association Fee: $0
Income
Gross Income: $91,368, Gross ScheduledIncome: $91,368, Net Operating Income: $58,960
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
Michael Harby
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
