1408 W 80th St is a six-unit South LA multifamily asset offering a compelling mix of in-place income and substantial rental upside. Located just east of Western Avenue in a dense rental pocket of South Los Angeles, the property is comprised of (5) two-bedroom units and (1) one-bedroom unit, generating over $9,150 in current monthly income. With two two-bedroom units delivered VACANT at close of escrow, new ownership has an immediate opportunity to renovate and reposition the property to market rates.

The asset is offered at a 4.84% CAP on current rents and features approximately 40% rental upside, with the potential to achieve over $12,750 in monthly income once stabilized. At market rents, 1408 W 80th St will operate at a strong 7.72% pro-forma CAP rate, providing an ideal value-add play for investors seeking yield in a rising submarket. Four of the six units are currently occupied by Section 8 tenants, offering predictable income backed by government housing vouchers (contact listing agent for further details).

Situated on a 6,676 square foot lot, the property offers ample surface parking and a community laundry room, both desirable amenities in this rental corridor. The layout and access provide ease of management and renovation flexibility for an investor looking to improve interiors and raise rents over time.

1408 W 80th St is located within a densely populated residential area surrounded by workforce housing and offers close proximity to major employment corridors, public transit options, and regional freeways. With a desirable unit mix, significant upside, and two vacant units on day one, this South LA multifamily opportunity checks the boxes for value-add investors looking to unlock returns in a supply-constrained market.