707 W 80th St - Apartments FOR SALE


Los Angeles, CA 90044- South Central LA
$2,895,000 USD
310-651-1800
707 W 80th St, Los Angeles, CA for Sale
$2,895,000 USD
Apartments - FOR SALE
1/45
null | 8.1% Cap Rate

707 W 80th St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Property includes one ADA-compliant unit and is zoned R3-1, allowing for diverse utilization such as shared housing, transitional housing.
  • Offered at approximately $311 per square foot, providing significant value compared to replacement cost benchmarks for new construction multifamily
  • Situated in South Los Angeles, within walking distance to retail, dining, and essential services, with easy access to major freeways and transit

OVERVIEW

WOW! True 8% 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 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.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$334 USD /SF

# OF UNITS

5

PRICE/UNIT

$579,000

CAP RATE

8.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAR4

APN/PARCEL ID

6032-027-008

ASK ABOUT THIS PROPERTY

Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.