716 W 80th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25010653
HOA Y/N No
Year Built 1933
Lot Size 9,300 Sqft
Property Sub-Type Mixed Use
Property Description
Discover this 4-unit bungalow-style property located in South Los Angeles. Offering a total of 2,798 SF of living space on a spacious 9,301 SF lot, this property features a unit mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. The bungalow-style units provide added comfort and space for tenants, enhancing their appeal and livability. Additionally, a separate structure with four 1-car garages offers potential for ADU conversion (buyer to verify), adding significant value. With incredible upside potential, the property boasts a 11.50% market CAP rate, a 6.66 market GRM, and a remarkable 95% rental upside. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property presents a prime opportunity in a growing South LA neighborhood.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6032026008
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard