707 W 80th St
Property Description
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.
Broker Details
KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6400
MLS ID: C126012 State License Number: 01984269
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,695,000 |
| No. of Units: | 5 |
| Year Built: | 2026 |
| Lot Size: | 8,675.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $539,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 22 |
| Number of Bathrooms: | 18 |
ID: 3yd-CLAWCA-26716111
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