9916 Beach Street
Los Angeles, CA, 90002
$995,000
Beds
0 Baths
SqFt
0.15 Acres
Add
Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 9916 Beach St offers great Day 1 cash flow with great upside in rents. Due to the good income and very low expense ration, this property will qualify for attractive financing. Offered at nearly a 7% cap rate with a market cap rate of 14.5%. The property is fully occupied and offers additional upside with the creation of additional units per SB 1211.

Property Details

Price:
$995,000
MLS #:
24471515
Status:
Active
Baths:
0
Address:
9916 Beach Street
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Dec 11, 2024
State:
CA
ZIP:
90002
Lot Size:
6,648 sqft / 0.15 acres (approx)
Year Built:
1923
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Oven
Cooling
None
Heating
Wall Furnace

Exterior

Lot Features
Rectangular Lot
Parking Features
Carport
Parking Spots
4.00
Pool Features
None
Roof
Rolled/ Hot Mop
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
1

Financial

Tenant Pays
Gas, Electricity

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
9916 Beach Street
Los Angeles, CA