222 W West 80th Street

Los Angeles, CA 90003

$1,749,500
Price
15
Beds
9
Baths
5,706 Sq. Ft.
$307 / Sq. Ft.
5,706
Sq. Ft.
$307
per Sq. Ft.

Description

Do not miss this opportunity to own one of the largest three unit properties in the area! Three massive units spread out on a 7,210 square foot lot allow for a luxurious open living experience that will be sure to draw premium rents and high quality tenants. At the front of the property you will find a 5 bed 3 bath 1,936 sq. ft. Single Family Dwelling that could be attractive to an owner user or provide a great home to a large family. The rear duplex consists of an 1,889 sq. ft. 5 bed 3 bath unit...Do not miss this opportunity to own one of the largest three unit properties in the area! Three massive units spread out on a 7,210 square foot lot allow for a luxurious open living experience that will be sure to draw premium rents and high quality tenants. At the front of the property you will find a 5 bed 3 bath 1,936 sq. ft. Single Family Dwelling that could be attractive to an owner user or provide a great home to a large family. The rear duplex consists of an 1,889 sq. ft. 5 bed 3 bath unit and an 1,881 sq. ft. 5 bed 3 bath unit that both boast open floor plans and massive bedrooms. On top of the interior amenities each unit comes with two parking spots including two one car garages. With projected total market rent amounting over $12,800 per month, this property has a projected cap rate of 6.76%! This property will surely be a source of prideful ownership and valuable investment.
  1. Listed by Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property

Property Details for 222 W West 80th Street

Zoning
LAR2
Parcel Number
6031026005
Total Units
3.0
Living Area
5706
Source Living Area
Builder
Area
Metropolitan South (C37)
Vacancy Rate
Vacant
Lot Size Area
7212

Location

Listing Courtesy of On Track Property, Isaac Davidi, DRE #01819489
Add your commute
LISTING UPDATED: 06/04/2024 03:18 PM

Property Details for 222 W West 80th Street

StatusPending
MLS #24-394413
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.17 AC / 7,212 SF
CountyLos Angeles County

Location

Listing Courtesy of On Track Property, Isaac Davidi, DRE #01819489
Add your commute

Building Information for 222 W West 80th Street

Stories2Residences-Year Built2024Building Size-Lot Size0.17 AC / 7,212 SF

Payment Calculator

$9,548 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,548

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 222 W West 80th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • Property Condition: New Construction
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $153,600
  • Net Operating Income: $118,272.00
  • Gross Income: $153,600
  • Cap Rate: 6.76%
  • Gross Rent Multiplier: $11.39
  • Total Annual Expense: 35328
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1656
  • Lot Size Square Feet: 7212
  • Lot Size Dimensions: 50x144
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Garage - 1 Car
  • Total Parking: 6
  • Garage Spaces Total: 2
  • Parking Features: Covered, Garage - Single Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: Stackable W/D Hookup, Hood Fan, Gas Or Electric Dryer Hookup
  • Laundry: Stackable
Exterior Features
Exterior Features
  • New Construction: Yes
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-22-2024
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,400.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 5
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $106,000.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $424,000.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $530,000.00

Property History for 222 W West 80th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 222 W West 80th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Dr. Owen Lloyd Knox Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

KIPP Empower Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of On Track Property, Isaac Davidi, DRE #01819489

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.