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624 E 80th

Los Angeles (City), CA 90001
  • $1,120,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: SB26086647
UPDATED: 67 min ago
$1,120,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): Derek Fowler of Re/Max Commercial & Investment (310-802-2500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T16:36:52.073. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175640827
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624 E 80th Los Angeles (City), CA 90001

  • Price: $1,120,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • ID#: SB26086647
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1926
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
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.
Exterior Features

Entry Level 1 Entry Location Ground Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.26 Common Interest None Community Features CurbsGutter(s)Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 91368 Gross Scheduled Income 91368 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 58960 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 27840 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7973 Tax Year 2025 Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 4568 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T16:36:52.073. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Derek Fowler of Re/Max Commercial & Investment (310-802-2500)