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707 W 80th Street

Los Angeles, CA 90044
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Bed 22

Bed

Bath 17

Bath

SqFt8,675

Sqft

SqFt9,305

Sqft(Lot)

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 va riety 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,495,000

AD Id : 77081871

MLS Id : 26716111

Beds : 22

Lot Size : 9,305 Sq. Ft

Living Area Size : 8,675 Sq. Ft

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 22

    Bathroom Information

    Total Baths: 17
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 8675
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x186 Main Square Feet: 9305 Lot Size Acres: 0.2136 Lot Size Square Feet: 9,305

  • Listing Price Information

    Listing Price: $2495000
    Original Price: $2695000

  • Tax Information

    Parcel Number: 6032027008

  • Parking Information

    Parking Total: 9 AttachedCarport, Driveway

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: North of Manchester Ave, South of Florence Ave, East of Western Ave, West of 110 Freeway
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
611 W 65th, Los Angeles, CA, 90044 $535,000 2 1 944 4,050 Sq. Ft
5914 S Hoover, Los Angeles, CA, 90044 $1,150,000 12 -- -- 4,733 Sq. Ft
666 W 62nd Street, Los Angeles, CA, 90044 $599,000 3 2 1,497 5,402 Sq. Ft
701 W Gage Avenue, Los Angeles, CA, 90044 $575,000 2 2 906 4,994 Sq. Ft
657 W 66 Street, Los Angeles, CA, 90044 $422,000 1 1 560 1,883 Sq. Ft
6113 Menlo, Los Angeles, CA, 90044 $550,000 3 1 1,000 4,560 Sq. Ft
633 W 75th Street, Los Angeles, CA, 90044 $869,000 5 2 1,800 7,008 Sq. Ft
850 W Gage Avenue, Los Angeles, CA, 90044 $1,548,500 12 8 4,813 5,669 Sq. Ft
606 W 78th Street, Los Angeles, CA, 90044 $879,000 5 3 1,672 7,152 Sq. Ft
854 W 64th Street, Los Angeles, CA, 90044 $599,999 2 1 975 5,567 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 15:47

MLS: 26716111 LISTED BY: Daniel Shamooelian, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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