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$1,350,000   Price Analysis
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1623 W 80th St
Los Angeles, CA 90047
12 bed 8 bath 5,427 SqFt ($248/SqFt)
6,751SqFt lot. Built 1965
Listed 2024-06-25, Taxes $5,339
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Great investment opportuni ty in the heart of LOS ANGELES.

* Has Contingent Offer *

Over 5, 800 SF of living space in this 7-unit building, cmprised of (5)2BD + 1BA, (1)2BD + 2BA and (1)0BD + 1BA. Each tenant is allocated one off-street parking space and access to an on-site laundry facility.

2.4 miles from SoFi Stadium and the Inglewood Forum. Fully occupied. Sold As-Is, $249 Per SF. DO NOT DISTURB TENANTS.


Presented by Eena Douglass at
Exp Realty Of California Inc.
Listing Agent Photo

Property MLS #SB24129384 from CRMLS

Bedrooms: 12

Laundry Features: Common Area

Full Bathrooms: 8

Carport Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 6

Lot Description: 6-10 Units/Acre
Lot Size Acres: 0.1549816
Lot Size Source: Assessor
Lot Size Square Feet: 6751

Number of Units: 7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 600.00
Maintenance Expense: 1800.00

Number of Units Leased: 7
Rent Control: Yes

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 6000.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 6034002018
Pest Control Expense: 360.00
Postal Code Plus 4: 2846
Trash Expense: 4200.00
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$290,381 + $75,303
$365,684
$5,339
2021$284,688 + $73,827
$358,515
$5,246
2020$281,769 + $73,070
$354,839
$5,286
2019$276,245 + $71,638
$347,883
$5,113
2018$270,829 + $70,234
$341,063
$5,006
2017$265,519 + $68,857
$334,376
$4,871
2016$260,313 + $67,507
$327,820
$4,707
2015$256,403 + $66,493
$322,896
$4,649
2014$251,381 + $65,191
$316,572
$4,705
2013$250,245 + $64,897
$315,142
$4,689
2012$245,339 + $63,625
$308,964
$4,748
2010$240,529 + $62,378
$302,907
$4,594
2009$239,300 + $62,060
$301,360
$4,434
2009$238,732 + $61,912
$300,644
$4,434
2008$234,608 + $60,844
$295,452
$4,272
2007$230,008 + $59,651
$289,659
$4,122

Listed 2024-06-25
$1,350,000
CRMLS
Sold 1999-09-01
$252,500
Public Record
Listing removed 1999-04-24
$260,000
ITECH
Listing removed 1998-11-02
$285,000
ITECH
Listed 1998-10-23
$260,000
ITECH
Listed 1998-08-01
$285,000
ITECH
Sold 1968-05-31
$58,000
Public Record

Net Operating Income: 116160.00

Total Square Feet Living: 5427
Year Built: 1965
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 59
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 2076.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6456.00
Water Source: Public

La Salle Avenue Elementary School is a public elementary school located approximately 0.6 miles away.
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Horace Mann Ucla Community is a public middle and high school located approximately 0.7 miles away.
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Young Achiever's Center is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.