Est. cap rate

5.9%

Assumed rent, all units

$7,320/mo

Units

4

Price per unit

$187,500

Est. annual NOI

$43,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,373 sqft

Lot size

9,305 sqft

Year built

1937

Stories

1

Garage spaces

4

Pool

None

Status

Active

Days on market

136

MLS #

240274770

About this property

Exceptional opportunity to own a 4-unit property on a spacious 9,300+ sq ft LAR4-zoned lot in Los Angeles, offering both immediate rental income and long-term development potential. The property is currently improved with multiple units, providing flexibility for investors or owner-occupants alike. A unique advantage of this property is its ability to serve as a primary residence while generating income, with the added benefit of allowing a buyer to gradually improve or redevelop the property over time. With R4 zoning, the lot presents strong upside for future expansion or higher-density redevelopment. Buyers may choose to live in one unit while collecting rental income, then strategically reposition or redevelop the property as market conditions evolve—maximizing both usability and long-term value. The surrounding area has seen continued growth and redevelopment activity, further supporting the property’s potential as a long-term investment play. Conveniently located near major transportation corridors, shopping, and local amenities. A rare opportunity to secure a property that offers immediate functionality, income potential, and the ability to build long-term equity through future development.

Location

613 W 80th

Los Angeles, Los Angeles, CA, 90044