$995,000
- Beds
- 8
- sq ft
- 2,836
9916 Beach St, Los Angeles, CA 90002
9916 Beach St
Los Angeles, CA 90002
- 53 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: 02/02/2025 at 6:40 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
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