707 W 80th Street, Los Angeles, CA 90044
Local realty services provided by:CENTURY 21 Cornerstone
707 W 80th Street,Los Angeles, CA 90044
$2,695,000
- 22 Beds
- 17 Baths
- 8,675 sq. ft.
- Multi-family
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills310-432-6400
MLS#:26716111
Source:CRMLS
Price summary
- Price:$2,695,000
- Price per sq. ft.:$310.66
About this home
MAJOR PRICE REDUCTION! NOW OFFERED AT $2,495,000! TRUE 9.4% CAP RATE! Exceptional opportunity to acquire a newly built, high-cash-flow multifamily asset currently master leased to a city-funded housing program, providing investors with strong in-place income and operational simplicity. The property consists of 4 units plus 1 ADU with an attractive unit mix of three 4-bedroom units and two 5-bedroom units, totaling 22 bedrooms. The asset is currently generating $26,400 per month ($316,800 annually) under the existing master lease, reflecting an attractive 7.8 GRM and 9.4% cap rate. The master tenant is responsible for all utilities and day-to-day occupancy-related expenses, providing reduced landlord responsibilities and strong cash flow. Zoned R3-1, the property offers flexibility for a variety of residential and structured housing uses. One unit is ADA compliant, enhancing accessibility and operational versatility. At the newly reduced price, the property is offered at approximately $287/SF, representing a compelling basis for newly constructed multifamily product and attractive value relative to replacement cost. Combining modern construction, strong in-place income, and a master lease structure, this asset offers investors a compelling combination of current yield and future flexibility. Conveniently located in South Los Angeles near Smart & Final, Chase Bank, McDonald's, Subway, major freeways, transportation corridors, and other neighborhood amenities. Contact listing agent for additional information regarding the master lease and investment opportunity....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:26716111
- Added:199 day(s) ago
- Updated:October 31, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:22
- Total bathrooms:17
- Living area:8,675 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2026
- Building area:8,675 sq. ft.
- Lot area:0.21 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,695,000
- Price per sq. ft.:$310.66
Parking
- Total parking spaces:9
- Parking description:Attached Carport, Driveway
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