$995,000
8 bed
2,836 Sqft
6,648 Sqft lot
9916 Beach Street, Los Angeles, California 90002
- Residential Income Property Type
- 16 Days Time on market
- $351 Price per sqft
- 1923 Year Built
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.
Basic Details
Residential Income
Buy
24471515
$995,000
8
2,836 Sqft
1923
6,648 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Oven
: Gated
4
$0
: Rolled/hot Mop
: Other
Address
CA
Los Angeles
Los Angeles
90002
9916 Beach Street
9916
Street
0
W119° 45' 30.3''
N33° 56' 46''
Additional Information
16
1
1
1
6
: One
1
2,836 Sqft
0 Sqft
0 Sqft
: Assessor
0.15 Sqft
6,648 Sqft
1
0 Sqft
LAR1
6048030004
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
11/12/2024 14:35:49
$0
: Standard
North of Century, east of Graham
Lyon Stahl Investment Real Estate, Inc.
Peter James
CLW-X82195
CLW-C138168
$0
6.75
: Stucco
1
: Rectangular Lot
1
1
0
0
1
1
4
6
Gated Community
1
104404
US-06037-N-6048030004-R-N
11/12/2024 23:37:41
Beach
C37 - Metropolitan South
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