$995,000
- Beds
- 8
- sq ft
- 2,836
9916 Beach St, Los Angeles, CA 90002
9916 Beach St
Los Angeles, CA 90002
- 14 days on market
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.
Details
Property type
Lot size
6,648 sq ft
Price per sq ft
$351
Year built
1923
HOA
No
Price History
12/11/2024
CLAW #24471515
Listed
$995,000
+17.06%
10/31/2024
CRMLS #SB24220896
Removed
$850,000
10/24/2024
CRMLS #SB24220896
Listed
$850,000
+30.77%
Schools & Community
Neighborhood:
Watts
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
Status: Active
Tomo last checked: 12/24/2024 at 11:45 PM
Listing updated: 12/19/2024 at 5:25 AM
Listed by: Peter James, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CLAW #24471515
Recently listed in Los Angeles
$1,750,000|8 bd|12.0 ba|House
$969,000|3 bd|2.0 ba|Condo
$550,000|2 bd|1.0 ba|House
$1,690,000|3 bd|3.0 ba|House
$1,150,000|3 bd|2.0 ba|House
$826,000|2 bd|2.0 ba|Condo
$1,299,900|4 bd|3.0 ba|House
$1,199,000|4 bd|3.0 ba|House
$598,000|3 bd|2.0 ba|House
$1,350,000|2 bd|2.5 ba|Condo
Explore top cities in California