Seller's Agent in 2025
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
2 in this area
140 Total Sales
716 W 80th St Los Angeles, CA 90044
Vermont Knolls Neighborhood
6
Beds
4
Baths
2,798
Sq Ft
9,300
Sq Ft Lot
Highlights
- 4 Car Garage
- Bike Trail
- 1-Story Property
About This Home
As of June 2025Discover this 4-unit bungalow-style property located in South Los Angeles. Offering a total of 2,798 SF of living space on a spacious 9,301 SF lot, this property features a unit mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. The bungalow-style units provide added comfort and space for tenants, enhancing their appeal and livability. Additionally, a separate structure with four 1-car garages offers potential for ADU conversion (buyer to verify), adding significant value. With incredible upside potential, the property boasts a 11.50% market CAP rate, a 6.66 market GRM, and a remarkable 95% rental upside. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property presents a prime opportunity in a growing South LA neighborhood.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 02/10/2025
Co-Listed By
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1933
Lot Details
- 9,301 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,798 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 78
- Tax Tract Number 238
- Assessor Parcel Number 6032026008
- $546 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,980
- Insurance Expense $5,163
- Maintenance Expense $2,085
- Other Expense $2,484
- Pest Control $300
- New Taxes Expense $9,307
- Operating Expense $21,319
- Gross Income $53,506
- Net Operating Income $30,582
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2025
Closed on
Apr 8, 2025
Sold by
Plata Investments Llc
Bought by
Dara 1 Holdings Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$695,000
Sold Price
$565,000
Premium/Discount to List
-$130,000
-18.71%
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,667
Avg. Annual Appreciation
26.21%
Original Mortgage
$1,645,000
Interest Rate
6.81%
Mortgage Type
Construction
Purchase Details
Closed on
May 3, 2010
Sold by
Gmac Mortgage Llc
Bought by
Plata Investments Lp
Purchase Details
Closed on
Nov 24, 2009
Sold by
Gargantos Robert and Gargantos Cheryl
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation
Purchase Details
Closed on
Dec 5, 2005
Sold by
Davis Danny M
Bought by
Gargantos Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $565,000 | First American Title Company | |
| Grant Deed | $215,000 | Lsi Title Agency | |
| Trustee Deed | $189,000 | Accommodation | |
| Grant Deed | $605,000 | Fidelity Van Nuys |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,645,000 | Construction | |
| Previous Owner | $484,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $565,000 | -18.7% | $202 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $695,000 | -- | $248 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $3,806 | $277,510 | $148,437 | $129,073 |
| 2024 | $3,806 | $272,070 | $145,527 | $126,543 |
| 2023 | $3,745 | $266,736 | $142,674 | $124,062 |
| 2022 | $3,591 | $261,507 | $139,877 | $121,630 |
| 2021 | $3,532 | $256,381 | $137,135 | $119,246 |
| 2019 | $3,438 | $248,778 | $133,068 | $115,710 |
| 2018 | $3,348 | $243,901 | $130,459 | $113,442 |
| 2016 | $3,183 | $234,432 | $125,394 | $109,038 |
| 2015 | $3,142 | $230,912 | $123,511 | $107,401 |
| 2014 | $3,182 | $226,390 | $121,092 | $105,298 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2025
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
151 Total Sales
-
Olga Wright
Buyer's Agent in 2025
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
2 in this area
101 Total Sales
-
Evelyn Baez Gonzalez
Buyer Co-Listing Agent in 2025
Evelyn Baez Gonzalez
Lyon Stahl Investment Real Estate, Inc.
(951) 902-3006
3 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25010653
APN: 6032-026-008
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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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