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$ 2,695,000
Est. payment /mo
New
707 W 80th ST Los Angeles, CA 90044
22 Beds
17 Baths
8,675 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,675 sqft
Price per Sqft $310
MLS Listing ID 26716111
Bedrooms 22
HOA Y/N No
Year Built 2026
Lot Size 9,304 Sqft
Property Description
Exceptional opportunity to acquire a newly built, high-capacity multifamily asset ideally suited for investors and operators seeking strong in-place income potential and long-term upside. The property consists of 4 units + 1 ADU, featuring a desirable unit mix of three 4-bedroom units and two 5-bedroom units, totaling 22 bedrooms. Projected gross income totals $20,900/month ($250,800 annually), reflecting a 10.7 GRM and 7.3% cap rate. The property is currently fully vacant, offering a rare opportunity for a buyer to establish new tenancy, implement a master lease strategy, or tailor operations to a variety of residential or program-based housing uses (buyer to verify with the City of Los Angeles). Zoned R3-1, the property allows for multiple residential use configurations, making it ideal for shared housing, transitional housing, or other structured living models. One unit is ADA compliant, enhancing accessibility and tenant flexibility. Offered at approximately $311/SF, presenting a compelling value for newly constructed product well below typical replacement cost benchmarks, making this an attractive basis for long-term investors. Conveniently located in South Los Angeles, within walking distance to Smart & Final, Chase Bank, McDonald's, Subway, and offering easy access to major freeways and transportation corridors. A rare opportunity to acquire a turnkey, high-yield asset with flexible use potential in a strong rental submarket. Contact listing agent for more details!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached Carport, Driveway
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6032027008
Special Listing Condition Standard
Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269
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