Los Angeles, CA 90044 716 W 80th Street

Pending
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Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25010653
  • 02/10/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • SQFT • 2,798
  • Garage • 4

Home Details

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.
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899

Interior Features for 716 W 80th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 716 W 80th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.4
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking
CountyLos Angeles
DirectionsNear the Corner of S Hoover St and W 80th St
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-02-10
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income53506.0
HOANo
Home Warranty Y/NNo
Insurance Expense5163.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet9301.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense2085.0
MobileHomeRemainsYNNo
Net Operating Income30582.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense21319.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot78
Taxes$9,307
Total Actual Rent3294.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1933
Year Built SourcePublicRecords
ZoningLAR3

Exterior for 716 W 80th Street

Building Area Total2798.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.2135
Lot Size Area9301.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $695,000
MLS#SB25010653
List Date 02/10/2025
Property Type Pending
Phone 714.742.6515
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