Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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

Price $1,475,000
Price Per Unit $737,500
Sale Type Investment
Cap Rate 4.62%
Gross Rent Multiplier 15.41
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class C
Lot Size 0.18 AC
Building Size 2,679 SF
No. Stories 1
Year Built 1951
Parking Ratio 0.75/1,000 SF
Zoning R2 - restricted Density Multiple Dwelling

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 - -

Property Taxes

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
  • Listing ID: 39357123

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 7801 Flight Ave, Los Angeles, CA 90045

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}