624 E 80th St Los Angeles, CA 90001
Florence NeighborhoodEstimated payment $6,725/month
About This Home
Rare opportunity to acquire a professionally managed investment property in Los Angeles. 624 E 80th Street features a 2,959-square-foot building situated on a 5,740-square-foot lot. This high-performance asset is comprised entirely of 2-bedroom, 1-bathroom units, offering an in-demand layout for the local rental market.
The property features a charming, single-story front home with a beautifully with a landscaped yard. The gated entry leads to ample parking in the rear, a nice amenity for this high-density neighborhood. Strategically positioned for investors, the building boasts excellent in-place income—a significant advantage within a rent-restricted market. Its condition reflects a high standard of professional management, helping the transition for the next owner.
The location offers connectivity, situated just moments from major freeway interchanges. Tenants enjoy rapid access to the region’s premier employment and entertainment hubs, including LAX, SoFi Stadium, USC, and Downtown Los Angeles. With a desirable 2 bedrooms and a centralized location, this property is a standout addition to any real estate portfolio.
Listing Agent
Re/Max Commercial & Investment Brokerage Email: dfowler@remax.net License #01319692 Listed on: 04/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,973
Year Built
- Built in 1926
Lot Details
- 5,740 Sq Ft Lot
- Lot Dimensions are 45x127.5
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,959 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Additional Features
- Rain Gutters
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 3107
- Assessor Parcel Number 6029008027
- $572 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $27,840
- Gross Income $91,368
- Net Operating Income $58,960
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,973 | $623,228 | $406,201 | $217,027 |
| 2024 | $7,842 | $611,009 | $398,237 | $212,772 |
| 2023 | $7,696 | $599,029 | $390,429 | $208,600 |
| 2022 | $7,349 | $587,284 | $382,774 | $204,510 |
| 2021 | $7,248 | $575,769 | $375,269 | $200,500 |
| 2020 | $7,316 | $569,867 | $371,422 | $198,445 |
| 2019 | $7,038 | $558,694 | $364,140 | $194,554 |
| 2018 | $6,930 | $547,740 | $357,000 | $190,740 |
| 2016 | $958 | $52,552 | $13,643 | $38,909 |
| 2015 | $948 | $51,764 | $13,439 | $38,325 |
| 2014 | $980 | $50,751 | $13,176 | $37,575 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $1,120,000 | +108.4% | $379 / Sq Ft | |
| 02/14/2017 02/14/17 | Sold | $537,500 | +7.5% | $182 / Sq Ft | View Prior Sale |
| 02/01/2017 02/01/17 | Pending | -- | -- | -- | |
| 01/16/2017 01/16/17 | Price Changed | $499,990 | -16.7% | $169 / Sq Ft | |
| 01/12/2017 01/12/17 | For Sale | $599,990 | -- | $203 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $537,500 | First American Title Company |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26086647
APN: 6029-008-027
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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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