Two-Residence
For Sale
$750,000
214 E 80th, Los Angeles, CA 90003
Two leased homes provide separate living spaces in a Los Angeles duplex.
Property Size1,816 SF
Lot Size0.11 Acres
Price / SF$412
Days on Market11
Property Features for 214 E 80th
General Information
Standard status
Active
Size
1,816 SF
Lot size
0.11 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Gross Income
$58,032
Average Monthly Rent
$2,418
Site & Location
Neighborhood
Florence
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Building Size
1,816 SF
Year Built
1964
Listing Agency:
First Team Real Estate
Listed By:
Dan Robach · License #02056264
(949) 988-3000
Source:
Milsteinestates
Added: Oct 18
Changed: Oct 27
Last Checked: Oct 27 at 3:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Team Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Los Angeles duplex comprises two separate residences on one parcel. The front home has 2 bedrooms, 1 bathroom, a living area, and a kitchen. The rear home contains 3 bedrooms, with the bedrooms upstairs. Together, the residences provide approximately 1,816 square feet of living space on a 4,800-square-foot lot. The property was built in 1964.
Key Highlights
- Two separate residences on a 4,800 sq ft lot
- Approximately 1,816 sq ft of combined living space
- Front residence has 2 bedrooms and 1 bath, plus a living area and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,111
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,220
$822.2K
Cap Rate 7%
$587,300
$587.3K
Cap Rate 9%
$456,789
$456.8K
Market Conditions
NOI Build-Up for 1,816 SF
Gross rent
$59.9K $33.00/SF
− Vacancy
−$1.2K −$0.66/SF
EGI
$58.7K $32.34/SF
− OpEx
−$17.6K −$9.70/SF
NOI
$41.1K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,220
Cap Rate 7%
$587,300
Cap Rate 9%
$456,789
Alternative Uses
Best Use
Apartment 5plus
$32.11M
$28.09M – $37.46M
NOI $2,247,398 @ 7.0% cap · market cap 299.65%
Second Best
Multifamily LT 5
$587.3K
$513.9K – $685.2K
NOI $41,111 @ 7.0% cap · market cap 5.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased homes provide separate living spaces in a Los Angeles duplex.
Where is this duplex located?
The property is located at 214 E 80th Los Angeles, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two separate residences on a 4,800 sq ft lot; Approximately 1,816 sq ft of combined living space; Front residence has 2 bedrooms and 1 bath, plus a living area and kitchen
