1805 W 80th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90047
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25045449
HOA Y/N No
Year Built 1954
Lot Size 7,213 Sqft
Property Sub-Type Apartment
Property Description
Situated in a highly sought-after neighborhood, this 11 unit property has 7 freshly remodeled units ready for occupancy which offers tremendous cashflow at a 9.7 CAP rate with upside potential for investors. The building consists of a mix of spacious studios, one- and two-bedroom units, all with updated features, including modern appliances, hardwood floors, and ample natural light. All two-bedroom conversions were completed with permits, and additional permits are on hand to convert the remaining one-bedroom units into two-bedroom layouts—offering significant upside potential.
Ample parking on site. Laundry room on site as well.
The building features two newly constructed ADUs, both of which will be delivered with Certificates of Occupancy at the close of escrow. Investors have the flexibility to lease at market rents immediately or customize tenant selection.
With easy access to major freeways, public transit, and some of Los Angeles' best dining, entertainment, and shopping, this building is perfectly positioned to attract high-quality tenants. The property offers great potential for increased rental income with strategic upgrades and renovations, making it an ideal addition to any real estate portfolio. Don't miss out on this incredible investment—contact us today for more details or to schedule a private tour!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Curbs,Gutter(s),Park,Storm Drain(s),Street Lights,Suburban,Sidewalks
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6035001008
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard