NOT LISTED FOR SALE

1623 W 80th St Los Angeles, CA 90047

Manchester Square Neighborhood
12 Beds
8 Baths
5,427 Sq Ft
6,751 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $1,150,000 $212 Per Sq Ft

1 Day on Market

About This Home

As of August 2024

Great investment opportunity in the heart of LOS ANGELES. Over 5,800 SF of living space in this 7-unit building, comprised of (5)2BD + 1BA, (1)2BD + 2BA & (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 & the Inglewood Forum. Fully occupied. Sold As-Is, $249 Per SF. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Eena Douglass

eXp Realty of California Inc Brokerage Phone: 323.934.1999 License #02071249 Listed on: 06/25/2024

eXp Realty of California Inc

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,751 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 5,427 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 4511
  • Assessor Parcel Number 6034002018
  • $1,083 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,076
  • Gardener Expense $600
  • Insurance Expense $6,000
  • Maintenance Expense $1,800
  • Pest Control $360
  • Trash Expense $4,200
  • Water Sewer Expense $6,456
  • Operating Expense $21,492
  • Gross Income $137,652
  • Net Operating Income $116,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Price Per Unit: 192857
  • Property Attached: Yes
  • Water Sewer Expenses: 6456.00
  • Zoning: LARD2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6034002018
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 211.90

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Trash Expense: 4200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 2076.00
  • Gross Income: 137652.00
  • Gross Operating Income: 137652.00
  • Gross Scheduled Income: 137652.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 6751.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 116160.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 21492.00
  • Rent Control: Yes
  • Total Actual Rent: 11471.00
  • Total Expenses: 21492.00

Tax Info

  • Tax Census Tract: 2381.00
  • Tax Lot: 80
  • Tax Tract Number: 4511
  • TaxOtherAnnualAssessmentAmount: 1083.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,150,000 -14.8% $212 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $1,350,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eena Douglass

    Seller's Agent in 2024

    Eena Douglass

    eXp Realty of California Inc

    (323) 934-1999

    1 in this area

    22 Total Sales

    Eena Douglass
    Section Image
  • Carlos Estrada

    Buyer's Agent in 2024

    Carlos Estrada

    Liberty Investment Group

    (562) 477-8983

    1 in this area

    54 Total Sales

    Carlos Estrada
    Section Image

  • M

    Buyer's Agent in 2024

    Mike Iryami

    BRC Advisors- BH

    (310) 753-8153

    1 in this area

    52 Total Sales

    Mike Iryami
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24129384

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90047 Manchester Square

1623 W 80th St, Los Angeles, CA

This home is located at 1623 W 80th St, Los Angeles, CA 90047 since 25 June 2024. This property was built in 1965. 1623 W 80th St is a home located in Los Angeles County with nearby schools including La Salle Avenue Elementary School, Horace Mann Ucla Community, and George Washington Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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