$2,650,000
NEW CONSTRUCTION $340K PRICE DROP
Total Views 326,615
18 Beds
12 Baths
6,596 Sq Ft
$402 Price per Sq Ft

Highlights

  • Gated with Attendant
  • City Lights View
  • Wood Flooring
  • New Construction
  • Dual Staircase
  • Main Floor Primary Bedroom

About This Home

531 W 80th St, Los Angeles, CA 90044 | 2020 New Construction 6-Unit Income Property Built in 2020, this well-maintained six-unit residential income property offers a stabilized rental profile with strong gross income and low-maintenance construction. The property is fully occupied and generates approximately $194,400 in gross annual rental income. Unit mix and lease terms available upon request. Majority of the rental income is supported by government-assisted housing programs. Modern construction provides reduced deferred maintenance compared to older multifamily assets. The property is designed for operational efficiency and long-term rental use. Located in South Los Angeles with convenient access to major transportation corridors, employment centers, and ongoing regional development initiatives. Buyer to independently verify all income, expenses, square footage, permits, and property condition.

Listing Agent

Heidi Jin

JC Pacific Corp Brokerage Phone: 626-693-7888 License #02065113 Listed on: 08/16/2025

JC Pacific Corp

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 12 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,596 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Brick Wall or Ceiling
  • Entryway
  • Family Room
  • Living Room
  • Storage
  • City Lights Views

Kitchen

  • Galley Kitchen
  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 18 Main Level Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • 12 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Carport
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Security Lights

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • 220 Volts
  • 220 Volts For Spa
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • 220 Volts in Workshop
  • Electric Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 2383
  • Assessor Parcel Number 6032028007
  • $2,383 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

9,304 Sq Ft Lot

Parking

12

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Security Lights, Security System, Gated with Guard
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6032028007
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 6596.00 Square Feet
  • Interior Amenities: Balcony, 2 Staircases, Brick Walls, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking, See Remarks
  • Appliances: Yes
  • Full Bathrooms: 12
  • Total Bedrooms: 18
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 12
  • Main Level Bedrooms: 18
  • Price Per Square Foot: 401.76
  • Room Type: Primary Bedroom, Entry, Laundry, All Bedrooms Down, All Bedrooms Up, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Family Room, Galley Kitchen, Primary Bathroom
  • Bathroom Features: Tile Counters, Shower In Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Phone Available, Electricity Connected, Electricity Available, Sewer Available, Water Connected, Cable Connected, Cable Available, Water Available, Natural Gas Connected, Natural Gas Available, Phone Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Convection Oven, Gas Cooktop, Electric Water Heater, Built-In Range, Refrigerator, Gas Range, Gas Oven, Dishwasher
  • Electric: 220 Volts in Workshop, 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts, 220 Volts in Laundry
  • Laundry Features: Inside, Individual Room, In Carport
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, 6-10 Units/Acre
  • Lot Size Sq Ft: 9304.00
  • Lot Size Acres: 0.2136

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9304.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 2383.10
  • TaxOtherAnnualAssessmentAmount: 2383.10

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,763 $3,066,890 $1,840,134 $1,226,756
2024 $36,763 $3,006,755 $1,804,053 $1,202,702
2023 $36,050 $2,947,800 $1,768,680 $1,179,120
2022 $27,837 $2,335,001 $1,445,215 $889,786
2021 $7,204 $587,422 $469,938 $117,484
2020 $7,276 $581,400 $465,120 $116,280
2019 $6,405 $34,447 $28,543 $5,904
2018 $5,390 $33,773 $27,984 $5,789
2016 $5,357 $32,464 $26,899 $5,565
2015 $592 $31,977 $26,495 $5,482
2014 $607 $31,351 $25,976 $5,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2026 03/01/26 Price Changed $2,650,000 -3.6% $402 / Sq Ft
01/09/2026 01/09/26 Price Changed $2,750,000 -8.0% $417 / Sq Ft
08/16/2025 08/16/25 For Sale $2,990,000 0.0% $453 / Sq Ft
05/24/2022 05/24/22 Rented $2,700 0.0% --
05/16/2022 05/16/22 Price Changed $2,700 -6.9% $2 / Sq Ft
04/05/2022 04/05/22 For Rent $2,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed -- None Listed On Document
Grant Deed -- New Title Company Name
Grant Deed $570,000 Provident Title Company
Trustee Deed $75,000 Accommodation
Interfamily Deed Transfer -- Title 365
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,150,000 New Conventional
Previous Owner $411,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25182234

California Regional Multiple Listing Service (CRMLS)

APN: 6032-028-007

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