333 E 80th Street

    Los Angeles, CA 90003
    • $1,950,000
    • STATUS: ACTIVE
    • ON SITE: 25 days
    • ID#: 302508470
    Price Reduced
    UPDATED: 52 min ago
    $1,950,000
    • 6
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    $200,000 Price Reduction. HIGHLIGHTS: Competitive Offering Actual CAP Rate of 5.21 %, Attractive ProForma CAP Rate of 5.42 % ProForma CAP Rate Based on Continued 3% Annual Rental Increase, Offering Actual GRM of 12.32, With a ProForma GRM of 11.97, 100 % Occupied With Long Term Tenants. Upside in Potential Rental Income., Located Near The University of Southern California(4.50 Miles), High Demand Location With Afordable Housing Programs Both City and Statewide Continuing to Contribute to Further Housing D $200,000 Price Reduction. HIGHLIGHTS: Competitive Offering Actual CAP Rate of 5.21 %, Attractive ProForma CAP Rate of 5.42 % ProForma CAP Rate Based on Continued 3% Annual Rental Increase, Offering Actual GRM of 12.32, With a ProForma GRM of 11.97, 100 % Occupied With Long Term Tenants. Upside in Potential Rental Income., Located Near The University of Southern California(4.50 Miles), High Demand Location With Afordable Housing Programs Both City and Statewide Continuing to Contribute to Further Housing Demands. The apartments located at 333 East 80th Street, Los Angeles, CA are situated on a 0.18-acre lot. This nine(9) unit apartment community has an impressive unit mix of (2) one bedroom / one-bathroom units, (6)two bedroom / one-bathroom units,and (1) extra-large three bedroom /one-and-a-half-bathroom unit. The one-bedroom units are approximately 772 square feet, the two-bedroom units are very large at nearly 870 square feet each and the three-bedroom unit is over 1,000 square feet.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.whisselrealty.com/homes/105392236

    333 E 80th Street Los Angeles, CA 90003

    • Price: $1,950,000
    • Status: ACTIVE
    • Updated: 52 min ago
    • ID#: 302508470
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1964
    Built
    Neighborhood:
    Los Angeles (90003)
    County:
    Los Angeles
    Area:
    Los Angeles (90003)
    Property Description
    $200,000 Price Reduction. HIGHLIGHTS: Competitive Offering Actual CAP Rate of 5.21 %, Attractive ProForma CAP Rate of 5.42 % ProForma CAP Rate Based on Continued 3% Annual Rental Increase, Offering Actual GRM of 12.32, With a ProForma GRM of 11.97, 100 % Occupied With Long Term Tenants. Upside in Potential Rental Income., Located Near The University of Southern California(4.50 Miles), High Demand Location With Afordable Housing Programs Both City and Statewide Continuing to Contribute to Further Housing D $200,000 Price Reduction. HIGHLIGHTS: Competitive Offering Actual CAP Rate of 5.21 %, Attractive ProForma CAP Rate of 5.42 % ProForma CAP Rate Based on Continued 3% Annual Rental Increase, Offering Actual GRM of 12.32, With a ProForma GRM of 11.97, 100 % Occupied With Long Term Tenants. Upside in Potential Rental Income., Located Near The University of Southern California(4.50 Miles), High Demand Location With Afordable Housing Programs Both City and Statewide Continuing to Contribute to Further Housing Demands. The apartments located at 333 East 80th Street, Los Angeles, CA are situated on a 0.18-acre lot. This nine(9) unit apartment community has an impressive unit mix of (2) one bedroom / one-bathroom units, (6)two bedroom / one-bathroom units,and (1) extra-large three bedroom /one-and-a-half-bathroom unit. The one-bedroom units are approximately 772 square feet, the two-bedroom units are very large at nearly 870 square feet each and the three-bedroom unit is over 1,000 square feet.
    Exterior Features

    Pool N/K Site Curbs

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2

    Property Features

    Annual Expense Actual 53829 Buildings 1 Gross Scheduled Income Actual 162972 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1560.0 Unit2 Rent Actual 1800.0 Unit3 Rent Actual 1575.0 Water Meter On Property Zoning Lar2

    Listing provided courtesy of Le Investment Group. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    eXp Realty of California - CA DRE# 01878277
    3180 University Ave, Suite 600
    San Diego CA, 92104