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.
Property Details
Price:
$695,000
MLS #:
SB25010653
Status:
Pending
Baths:
0
Address:
716 W 80th Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90044
Lot Size:
9,301 sqft / 0.21 acres (approx)
Year Built:
1933
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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Features
Garage
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address716 W 80th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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716 W 80th Street
Los Angeles, CA
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