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.
For sale
Price cut: $200K (7/16)
$2,695,000
707 W 80th St, Los Angeles, CA 90044
22beds
18baths
8,675sqft
Multi Family
Built in 2026
-- sqft lot
$2,667,400 Zestimate®
$311/sqft
$-- HOA
What's special
- 141 days
- 36
- 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#: 26716111
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
- Date on market: 4/15/2026
Estimated market value
$2,667,400
$2.53M - $2.80M
$2,874/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $2,695,000-6.9%$311/sqft |
Source: | ||
| 6/17/2026 | Listing removed | $3,900 |
Source: CRMLS #PW26083483 Report a problem | ||
| 6/5/2026 | Price change | $2,895,000+16%$334/sqft |
Source: | ||
| 5/12/2026 | Price change | $2,495,000-7.4%$288/sqft |
Source: | ||
| 4/17/2026 | Listed for rent | $3,900 |
Source: CRMLS #PW26083483 Report a problem | ||
| 4/15/2026 | Listed for sale | $2,695,000+274.3%$311/sqft |
Source: | ||
| 4/25/2025 | Sold | $720,000-9.9%$83/sqft |
Source: | ||
| 3/10/2025 | Contingent | $799,000$92/sqft |
Source: | ||
| 1/23/2025 | Price change | $799,000-6%$92/sqft |
Source: | ||
| 12/5/2024 | Listed for sale | $850,000$98/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $734,400 +365.9% |
| 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
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Neighborhood: South Los Angeles
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