9916 Beach Street, Los Angeles, CA 90002 (MLS # 24471515)

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PRICE $995,000 dsIDX morgage calculator
BEDS 8
BATHS 6
HOME SIZE 2,836 sqft
LOT SIZE 6,648 sqft

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.

DAYS ON MARKET 12 LAST UPDATED 12/11/2024
YEAR BUILT 1923 COMMUNITY Metropolitan South
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Oven
AREA Metropolitan South
CONSTRUCTION Stucco
GARAGE Carport
HEAT Wall Furnace
LOT 6648 sq ft
LOT DESCRIPTION Rectangular Lot
PARKING Carport
POOL DESCRIPTION None
SEWER Other
STORIES 1
ZONING LAR1
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lyon Stahl Investment Real Estate, Inc.

Based on information from CRMLS as of 12/23/24 9:45 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2024.