9916 Beach Street, Los Angeles, CA 90002
-
Listed Price :
$995,000
-
Beds :
8
-
Baths :
6
-
Property Size :
2,836 sqft
-
Year Built :
1923
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
6 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
9916 Beach Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90002 |
| County |
Los Angeles |
| Listing Agent |
Peter James DRE #01748556 |
| Co-Listing Agent |
William James DRE #01734419 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$995,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,836 |
| Lot Size |
6,648 |
| Year Built |
1923 |
Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 1:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
