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SOLD 6/7/2021

529 W 80th Street, Los Angeles, CA 90044$2,300,000

6
beds
4
baths
6596
ft2
· 9302
ft2 lot
$379 / ft2

Listing provided courtesy of Listing Broker: Joe Vivanco, Keller Williams - Downtown
Source CRMLS;
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WE ARE PROUD TO PRESENT THIS BEAUTIFUL NEW CONSTRUCTION 6-UNIT LUXURIOUS, CONTEMPORARY TOWNHOME STYLE PROPERTY, BROUGHT TO YOU BY ONE OF LA's MOST REPUTABLE BUILDER. TWO-LEVEL UNITS, THREE SEPARATE BUILDINGS, 3-BEDROOMS 2-BATHS EACH UNIT, ALL UNITS HAVE A MASTER BEDROOM, OPEN FLOOR PLAN, ALL UNITS HAVE APPLIANCES & WASHER AND DRYER, ALL UNITS COME WITH HVAC, CUSTOM KITCHEN CABINETS, QUARTZ COUNTERTOPS, DECORATIVE BACKSPLASH, CUSTOM WINDOW BLINDS THROUGHOUT EACH UNIT, ENERGY SAVING LOW VOLTAGE LED LIGHTING IN ALL UNITS, TOP UNITS COME WITH BALCONIES, GREEN CERTIFIED DROUGHT RESISTANT, WITH AUTOMATIC FIRE SPRINKLERS IN ALL UNITS, ONSITE COVER PARKING FOR ALL UNITS, HIGH RENTAL AREA, 10- MIN DRIVE TO DTLA, AND ALL MAJOR PUBLIC TRANSPORTATION, PROVEN LOCATION + RENTAL MARKET, COME WITH ONE YEAR FIT AND FINISH WARRANTY, THESE INCREDIBLY ATTRACTIVE UNITS ARE NOT SUBJECT TO RENT CONTROL, THESE UNITS ARE EXTREMELY EASY TO BE LEASED OUT! SO ENJOY THE FREEDOM, PROFIT AND PEACE OF MIND THAT COMES COMES WITH HIGH MARKET RENTS WHEN YOU PURCHASE THESE BEAUTIFUL BUILDINGS, COO ISSUE ON 12/04/2020

HOA

$—/month

On market

4 months

Year built

2020

Property type

Multi-Family

Parking

12

MLS

DW20253280

Price / Sq.Ft.

$379 / ft2

Status

Closed

Home details for 529 W 80th Street

Interior Features & Layout
Appliances
•   
Laundry Details: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
•   
Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas & Electric Range, High Efficiency Water Heater, Tankless Water Heater
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
Interior Features
•   
Window Features: Screens
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, ENERGY STAR Qualified Equipment
•   
Cooling Details: Central Air, ENERGY STAR Qualified Equipment
Interior Size
•   
Building Area Total: 6596.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Auto Driveway Gate, Concrete, On Site, Tandem Covered
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 4.00
•   
Carport Spaces: 8.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LAR4
•   
New Construction: 1
•   
Roof: Asphalt
•   
Foundation Details: Slab
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Builder
•   
Construction Materials: Drywall Walls, ICFs (Insulated Concrete Forms), Stucco
Lot Info
•   
Lot Features: 0-1 Unit/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2135
•   
Lot Size Area: 9302.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 6
Property Features
•   
Fencing: Block, Wrought Iron
•   
Accessibility: Parking
•   
Common Walls: 1 Common Wall
•   
Exterior Features: Rain Gutters
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 7
•   
Utilities: Natural Gas Available, Sewer Connected, Water Available
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 5
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Garage Income: 0.00
•   
Gross Operating Income: 202536.00
•   
Garage Rental Rate: 0.00
•   
Water Sewer Expense: 0.00
•   
Tax Annual Amount: 29750.00
•   
Other Expense Description: VACANCY
•   
Other Expense: 8764.00
•   
Laundry Income: 0.00
•   
Maintenance Expense: 3200.00
•   
Cap Rate: 6.50
•   
Laundry Equipment Own Lease: Own
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 29750.00
•   
Insurance Expense: 2308.00
•   
Vacancy Allowance: 6264
•   
Professional Management Expense: 0.00
•   
Total Expenses: 39158.00
•   
Gross Scheduled Income: 208800.00
•   
Operating Expense: 39158.00
•   
Gross Multiplier: 12.34
Tax/Assessment Info
•   
Gross Income: 208800.00
•   
Tax Year: 2020
•   
Taxes: 7275.0
Lease Info
•   
Net Operating Income: 163378.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 5
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2900.00
•   
Unit 1 Total Rent: 2900.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Community Features: Biking, Park, Street Lights
School Info
•   
Directions: North on Figueroa St, Left on 80th St.
Other
Calculation
•   
Dom: 113
•   
Cdom: 113

Neighborhood snapshot

114
Properties for sale
14
Median days on market
$438.17
Median sold price/sqft
101.52%
Sold/List %
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Property History for 529 W 80th Street

10/30/2021
10/30/2021
CRMLS #TR21235832
active
CRMLS #TR21235832
$3,300,000
10/29/2021
10/29/2021
CRMLS #TR21237463
other
CRMLS #TR21237463
$3,300,000
10/28/2021
10/28/2021
CRMLS #TR21235832
other
CRMLS #TR21235832
$3,300,000
+43.48%
06/07/2021
06/07/2021
Public Record
sold
Public Record
$2,300,000
--8.00%
06/07/2021
06/07/2021
CRMLS #DW20253280
sold
CRMLS #DW20253280
$2,500,000
See more property history

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