323 W 80th Street, Los Angeles, CA 90003
List Price: $949K
Listing Status: Active
0Days on Market: 5
5 Bedrooms · 3 Bathrooms · 2,073 sq ft
Property Type: ResidentialIncome
Year Built: 1921
Lot Size: 5,529 sq ft
Private Pool: Yes
MLS Number: 26662507
About This Property
Season or new INVESTORS delight!!! Great opportunity to acquire an income-producing triplex located at 323 W 80th St, Los Angeles with Section 8 tenants, providing reliable and consistent rental income. This property is perfect for new or seasoned investors looking for a stable asset in a high-demand rental market. The property consists of three units with strong existing rents: 3 Bedroom / 1 Bathroom Unit $3,915 per month 1 Bedroom / 1 Bathroom Unit $2,407 per month 1 Bedroom / 1 Bathroom Unit $2,330 per month Total Monthly Rental Income: $8,652 Total Annual Income: $103,824 With Section 8 tenants already in place, this property offers stable, government-backed rental income, reducing vacancy risk and providing peace of mind for investors. Additional features include on-site laundry with machines included in the sale, creating added convenience for tenants and additional value for ownership. Located in a high-demand rental area near: University of Southern California (USC) Downtown Los Angeles SoFi Stadium & Intuit Dome Major Freeways (110, 105 & 10) Public transportation, shopping, and employment centers. This location consistently attracts tenants due to its central access to jobs, schools, entertainment, and transportation. Perfect opportunity for new investors looking for strong cash flow in the Los Angeles market.
