1423 W 80th St, Los Angeles, CA 90047

9 beds8 baths3,841 sqft

For Sale
$699,000
Zestimate®: $573,444
Est. Mortgage
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My Notes

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7.97 CAP RATE AVAILABLE FOR SALE!!!We are pleased to offer this four (4) unit multifamily investment offering, located in the City of Los Angeles and subject to rent stabilization ordinance. The subject property was constructed of wood frame and stucco in 1964, and consists of approximately 3,841 rentable square feet. The unit mix consists of three (3) 2+1.5+Den units & one (1) 3+1.5 unit. Building amenities include five (5) carport parking spaces, updated aluminum windows throughout, and the building is separately metered for gas and electricity.

Facts

  • Lot: 6,695 sqft
  • Multi Family
  • Built in 1964
  • 7 days on Zillow
  • Views: 4,313 all time views
  • 2 shoppers saved this home
  • Cooling: None
  • Heating: Wall
  • Last sold: Jun 2013 for $461,000
  • Last sale price/sqft: $120
  • MLS #: 15927513

Features

  • Parking: Carport, Garage - Detached

      Additional Features

      • Listing Agreement: Lease
      • Listing Status: Active
      • Property Type: Residential Income
      • System Locale: CARETS
      • Unit Furnished01: Unfurnished
      • Unit Furnished02: Unfurnished
      • Unit Furnished03: Unfurnished
      • Unit Furnished04: Unfurnished
      • Legal Disclosures: Take Property As Is (N)
      • Appliances: None
      • Lot Size Source: Vendor Enhanced (N)
      • Square Footage Source: Vendor Enhanced (N)
      • Parking Type: Side by Side
      • Unit Furnished05: Partially
      • Unit Furnished06: Partially
      • Unit Furnished07: Partially
      • Unit Furnished08: Partially
      • Unit Furnished09: Partially
      • Unit Furnished10: Partially
      • Unit Furnished11: Partially
      • Unit Furnished12: Partially
      • Unit Furnished13: Partially
      • CARETS Listing Status: Active
      • SpecialConditions: Standard Sale
      • Country: UNITED STATES OF AMERICA

      Appliances Included

      • Refrigerator

      Construction

      • Unit count: 4

      Other

      • Floor size: 3,841 sqft
      • Parcel #: 6034004017
      • Zillow Home ID: 20947992

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $573,444
      +$33,929 Last 30 days
      $505K
      $608K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,902/mo
      +$6 Last 30 days
      $1.3K
      $2.3K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Comparable Homes

      Homes like this sold for $413-775K.

      $360K
      $830K

      Popularity on Zillow

      205 views since listing
      4,313 all-time (chart)
      2 shoppers saved
      this home to their list of favorites

      Mortgages

      Neighborhood: South Los Angeles

      Zillow predicts South Los Angeles home values will rise 7.1% next year, compared to a 7% rise for Los Angeles as a whole. Among South Los Angeles homes, this home is 133.6% more expensive than the midpoint (median) home, but is priced 23.6% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In South Los Angeles, the number of foreclosures waiting to be sold is 88.6% higher than in Los Angeles, and 25.7% higher than the national average. This higher local number may prevent South Los Angeles home values from rising as quickly as other regions in Los Angeles.
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      Nearby

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        Rentals

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        Nearby Schools in Los Angeles

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org