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Multifamily

1408 W 80th St

1408 W 80th St, Los Angeles, CA 90047

Listing Price: $1,450,000

Cap Rate
5.31%
Number of Units
6
Occupancy
67.0%
Price/Unit
$241,667
Price/Gross SF
$310.56
Gross SF
4,669

Investment Overview

We are pleased to present, as exclusive advisor, 1408 West 80th Street, a 6-unit investment property in Los Angeles, California. The property is located between Florence and Manchester just off Normandie Avenue. This area is a solid majority-renter market with low vacancy rates. 1408 West 80th Street consists of five 2 bedroom 1 bathroom units and one 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a mix of surface and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Investment Highlights

  • One 1 Bedroom and Five 2 Bedroom Units
  • Onsite Surface and Covered Parking
  • A Potential 65% Increase in NOI
  • Blocks from the 110 Freeway

Exclusively Listed By

Financing By

Multifamily

1408 W 80th St

Listing Price: $1,450,000

Cap Rate
5.31%
Number of Units
6
Occupancy
67.0%
Price/Unit
$241,667
Price/Gross SF
$310.56
Gross SF
4,669

Investment Highlights

  • One 1 Bedroom and Five 2 Bedroom Units
  • Onsite Surface and Covered Parking
  • A Potential 65% Increase in NOI
  • Blocks from the 110 Freeway

Investment Overview

We are pleased to present, as exclusive advisor, 1408 West 80th Street, a 6-unit investment property in Los Angeles, California. The property is located between Florence and Manchester just off Normandie Avenue. This area is a solid majority-renter market with low vacancy rates. 1408 West 80th Street consists of five 2 bedroom 1 bathroom units and one 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a mix of surface and covered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Exclusively Listed By

Financing By

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