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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 949,000

Est. payment -/mo

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Active

323 W 80th ST Los Angeles, CA 90003

5 Beds

3 Baths

2,073 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,073 sqft

Price per Sqft $457

MLS Listing ID 26662507

Bedrooms 5

HOA Y/N No

Year Built 1921

Lot Size 5,527 Sqft

Property Description

Season or new INVESTORS delight!!! Great opportunity to acquire an income-producing triplex located at 323 W 80th St, Los Angeles with Section 8 tenants, providing reliable and consistent rental income. This property is perfect for new or seasoned investors looking for a stable asset in a high-demand rental market. The property consists of three units with strong existing rents: 3 Bedroom / 1 Bathroom Unit $3,915 per month 1 Bedroom / 1 Bathroom Unit $2,407 per month 1 Bedroom / 1 Bathroom Unit $2,330 per month Total Monthly Rental Income: $8,652 Total Annual Income: $103,824 With Section 8 tenants already in place, this property offers stable, government-backed rental income, reducing vacancy risk and providing peace of mind for investors. Additional features include on-site laundry with machines included in the sale, creating added convenience for tenants and additional value for ownership. Located in a high-demand rental area near: University of Southern California (USC) Downtown Los Angeles SoFi Stadium & Intuit Dome Major Freeways (110, 105 & 10) Public transportation, shopping, and employment centers. This location consistently attracts tenants due to its central access to jobs, schools, entertainment, and transportation. Perfect opportunity for new investors looking for strong cash flow in the Los Angeles market.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type Decorative, Living Room

Inclusions Coin washer and Dryer

Fireplace Yes

Appliance Gas Cooktop, Gas Oven, Microwave, Washer

Exterior

Parking Features Driveway

Pool None

Community Features Gated

Roof Type Composition,Shingle

Porch Front Porch

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Foundation Permanent, Pillar/Post/Pier

Sewer Other

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6031022012

Security Features Gated Community

Financing Conventional,FHA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Erwin De Leon Nest Real Estate #01512017

NEARBY SCHOOLS & PROPERTIES

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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