Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment
$1,120,000
624 E 80th
Details
APN 6029008027
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.26%
Buildings 1
Acreage 0.132
Zoning Public Rec
Multifamily | 5.26% CAP | 4 Units
Marketing 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.
Listing Contacts
Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment
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