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7801 Flight Ave 2 Unit Apartment Building Offered at $1,475,000 at a 4.62% Cap Rate Los Angeles, CA 90045



Investment Highlights
- Prime Westport Heights location, minutes from Playa Del Rey, LAX & LMU
- Front unit: updated kitchen, hardwood floors, private laundry, 2 parking
- 2,679 sq. ft. of rentable space — two spacious units over 1,300 sq. ft. each
- Large duplex in Westchester with all 3-bedroom units
- Massive 7,971 sq. ft. R2 corner lot with ADU & redevelopment potential
- Rear unit: upgraded kitchen, lush backyard, patio, playhouse, private laundry
Executive Summary
A rare offering in Westchester, this oversized duplex is one of the largest in the neighborhood and among the few properties comprised entirely of spacious 3-bedroom units. Positioned on an expansive 7,971 sq. ft. R2-zoned corner lot, the property delivers 2,679 sq. ft. of rentable living space, with each unit exceeding 1,300 sq. ft. a true standout in the submarket. The front residence includes hardwood floors, dual-pane windows, and a bright open living and dining layout with a private laundry room and garage. The rear unit offers a thoughtfully upgraded interior, highlighted by a large kitchen with breakfast bar, stainless steel appliances, hardwood flooring, private laundry, a covered patio, and a charming playhouse creating a true indoor-outdoor living experience. Built in 1951 yet meticulously maintained, the property sits on one of the largest lots in Westchester, presenting significant upside through ADU development or redevelopment into two single-family homes (buyer to verify). Located in the desirable Westport Heights neighborhood, the property is moments from Playa del Rey, LAX, LMU, and the coast, making it highly attractive to tenants, owner-users, and long-term investors alike. A compelling opportunity to acquire a large-scale duplex with genuine development potential in one of Westchester's most sought-after pockets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Storage Space
- Heating
- Kitchen
- Oven
- Tub/Shower
- Yard
- Family Room
- Garden
- Lawn
- Office
- Pantry
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | 4105-013-004 | Total Assessment | $925,888 |
| Land Assessment | $649,027 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $276,861 | Tax Year | 2025 |
Property Taxes
Parcel Number
4105-013-004
Land Assessment
$649,027
Improvements Assessment
$276,861
Total Assessment
$925,888
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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7801 Flight Ave
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