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For sale
  • Price cut: $200K (7/16)
    $2,695,000

    707 W 80th St, Los Angeles, CA 90044

    22beds
    18baths
    8,675sqft
    : 
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    Multi Family
    Built in 2026
    -- sqft lot
    $2,667,800 Zestimate®
    $311/sqft
    $-- HOA

    What's special

    WOW! True 8.7% CAP RATE!! 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 8.5 GRM and 8.7% 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 $310 per square foot, the property presents compelling value near replacement cost. 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.
    94 days
    |
    80
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Shamooelian DRE # 01984269 310-651-1800,

    Keller Williams Beverly Hills 310-432-6400

    Source: CLAW,MLS#: 26716111MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 22
      • Bathrooms: 18
      Heating
      • Central
      Cooling
      • Central Air
      Interior area
      • Total structure area: 8,675
      • Total interior livable area: 8,675 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Driveway, Attached Carport
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 9,304 Square Feet
      • Dimensions: 50 x 186
      Details
      • Additional structures: Accessory Bldgs
      • Parcel number: 6032027008
      • Zoning: LAR4
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 2026

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $311/sqft
      • Tax assessed value: $157,628
      • Annual tax amount: $2,242
      • Date on market: 4/15/2026

        Estimated market value

        $2,667,800

        $2.53M - $2.80M

        $2,716/mo

        Price history

        DateEventPrice
        7/16/2026Price change$2,695,000-6.9%$311/sqft
        Source: CLAW #26716111 Report a problem
        6/17/2026Listing removed$3,900
        Source: CRMLS #PW26083483 Report a problem
        6/5/2026Price change$2,895,000+16%$334/sqft
        Source: CLAW #26716111 Report a problem
        5/12/2026Price change$2,495,000-7.4%$288/sqft
        Source: CLAW #26716111 Report a problem
        4/17/2026Listed for rent$3,900
        Source: CRMLS #PW26083483 Report a problem
        4/15/2026Listed for sale$2,695,000+274.3%$311/sqft
        Source: CLAW #26716111 Report a problem
        4/25/2025Sold$720,000-9.9%$83/sqft
        Source: CLAW #24-469769 Report a problem
        3/10/2025Contingent$799,000$92/sqft
        Source: CLAW #24-469307 Report a problem
        1/23/2025Price change$799,000-6%$92/sqft
        Source: CLAW #24-469307 Report a problem
        12/5/2024Listed for sale$850,000$98/sqft
        Source: CLAW #24-469307 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,242 +1.8%$157,628 +2%
        2024$2,203 +1.5%$154,538 +2%
        2023$2,170 +4.2%$151,509 +2%
        2022$2,084 +1.6%$148,539 +2%
        2021$2,051 -0.8%$145,627 +1%
        2020$2,068 $144,135 +2%
        2019$2,068 +8.7%$141,310 +2%
        2018$1,903 $138,540 +2%
        2017$1,903 +1.9%$135,825 +2%
        2016$1,867 +2.9%$133,162 +1.5%
        2015$1,814 +0%$131,162 +2%
        2014$1,814 $128,593 +5%
        2009-- $122,418 +4%
        2007-- $117,666 +2%
        2006-- $115,360
        2005-- $115,360 +4%
        2004-- $110,883 +1.9%
        2003-- $108,852 +2%
        2002-- $106,719 +56.9%
        2000-- $68,029
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        63 / 100
        Somewhat Walkable
        63 / 100
        Good Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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