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$ 2,895,000
Est. payment /mo
Active
707 W 80th ST Los Angeles, CA 90044
22 Beds
17 Baths
8,675 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,675 sqft
Price per Sqft $333
MLS Listing ID 26716111
Bedrooms 22
HOA Y/N No
Year Built 2026
Lot Size 9,304 Sqft
Property Description
Exceptional opportunity to acquire a newly built, high-cash-flow multifamily asset featuring a long-term master lease with a city-funded housing program, providing investors with stable in-place income and operational simplicity. The property consists of 4 units plus 1 ADU, featuring 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 9.1 GRM and 8.1% cap rate. The master tenant is responsible for all utilities and day-to-day occupancy-related expenses, creating a highly passive investment opportunity with 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. Offered at approximately $333 per square foot, the property presents compelling value relative to newly constructed multifamily product in today's market. Combining modern construction, strong in-place income, and a master lease structure, this asset offers investors a rare blend of stability, efficiency, and long-term upside. Conveniently located in South Los Angeles, within walking distance to Smart & Final, Chase Bank, McDonald's, Subway, and other neighborhood amenities, with easy access to major freeways and transportation corridors. Rarely does a newly constructed, stabilized asset with a long-term master lease, strong in-place cash flow, and minimal management burden become available in this price range. Contact listing agent for additional information regarding the lease structure and investment opportunity.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached Carport, Driveway
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6032027008
Special Listing Condition Standard
Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269