$1,120,000
624 E 80th, Los Angeles CA 90001
Multi-Family (Fourplex)
Property type
45 days
On market
$379
Price per sqft
0 cars
Garage
1926
Year built
5,740 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Derek Fowler DRE #01319692 310-937-5764, Re/Max Commercial & Investment
Listing updated: May 7, 2026 at 12:12am.
Last checked: Jun 5, 2026 at 03:00pm
Source: CRMLS #SB26086647
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,074 | $2,074 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,895 | $1,895 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,895 | $1,895 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,750 | $1,750 | $2,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.3x
List Price / Annual Gross Rent
Cap Rate
5.26%
NOI / List Price
Gross Scheduled Income: $91,368
Vacancy Allowance: $4,568
Vacancy Allowance Rate: 5%
Operating Expense: $27,840
Net Operating Income: $58,960
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6029008027
Additional Parcels: No
Tax Lot: 11
Zoning: LAR2
Lot Size Dimensions: 45x127.5
Lot Dimensions Source: PublicRecords
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Sidewalks
Nearby Schools
Nearby schools around the 624 E 80th, Los Angeles, CA 90001. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$896,000
Total Interest
$1,142,799
Total Payment
$2,038,799
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,980
per month
Property History for 624 E 80th
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90001.
Similar Homes
Listings with similar prices to 624 E 80th