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531 W 80th, Los Angeles, California 90044, Los Angeles, 90044 - 18 bed, 12 bath

531 W 80th, Los Angeles, California 90044 home-pic-0
ACTIVE$2,990,000
531 W 80th, Los Angeles, California 90044
18Beds
12Baths
6,596Sqft
9,304Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction: Built in 2020, this 6-unit property offers modern design, minimal immediate maintenance, and appeals to tenants seeking contemporary living with high-end finishes.
Top Cons:
MLS Area Ambiguity: The 'Not Defined' MLS area (699) could complicate comparative market analysis and understanding the specific micro-market dynamics for valuation.

Compared to the nearby listings

Price:$2.99M vs avg $1.74M (+$1,250,500)50%
Size:6,596 sqft vs avg 3,918 sqft50%
Price/sqft:$453 vs avg $42450%

More Insights

Built in 2020 (5 years old).
Condition: This property, built in 2020, is explicitly described as 'NEW CONSTRUCTION' and presents as virtually new throughout. The kitchen features modern white custom cabinets, dark quartz countertops, decorative backsplash, and new stainless steel appliances (gas range, microwave). Bathrooms are contemporary with matching dark countertops and modern fixtures. All units boast new flooring (light-colored laminate/LVP), recessed LED lighting, HVAC systems, and in-unit washer/dryers. There is no visible wear and tear, and all components meet current quality standards, indicating no deferred maintenance.
Year Built
2020
Close
-
List price
$2.99M
Original List price
$2.99M
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
OC25182234
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

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.

Condition Rating
Excellent
This property, built in 2020, is explicitly described as 'NEW CONSTRUCTION' and presents as virtually new throughout. The kitchen features modern white custom cabinets, dark quartz countertops, decorative backsplash, and new stainless steel appliances (gas range, microwave). Bathrooms are contemporary with matching dark countertops and modern fixtures. All units boast new flooring (light-colored laminate/LVP), recessed LED lighting, HVAC systems, and in-unit washer/dryers. There is no visible wear and tear, and all components meet current quality standards, indicating no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2020, this 6-unit property offers modern design, minimal immediate maintenance, and appeals to tenants seeking contemporary living with high-end finishes.
Exceptional Investment Opportunity: A 6-unit property in a high-demand rental market, explicitly stated as not subject to rent control, ensuring strong potential for high market rents and profitability.
Premium Unit Features: Each unit is fully equipped with HVAC, in-unit washer/dryer, modern appliances, custom kitchens with quartz countertops, and energy-efficient LED lighting, enhancing tenant appeal and retention.
Strategic Urban Location: Just a 10-minute drive to Downtown LA with excellent access to public transportation, ensuring high tenant demand due to convenience and connectivity.
Enhanced Safety & Sustainability: Features automatic fire sprinklers, green-certified drought-resistant landscaping, and covered onsite parking for all units, contributing to safety, lower utility costs, and tenant convenience.

Cons

MLS Area Ambiguity: The 'Not Defined' MLS area (699) could complicate comparative market analysis and understanding the specific micro-market dynamics for valuation.
School District Inconsistency: The listed 'ABC Unified' high school district is geographically incongruent with the Los Angeles 90044 address, potentially indicating a data error or requiring clarification for buyers concerned with school zones.
Limited Private Outdoor Space: While top units have balconies, the description does not highlight private yards or significant common outdoor areas for each of the 6 townhome-style units, which could be a drawback for some renters.

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