9916 Beach Street
Los Angeles, CA 90002
2836 sqft | 8 beds | 0.15 acres | #24471515
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.
Property Details
- Property SubtypeResidentialIncome
- Lot DescriptionRectangularLot
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$995,000
- MLS #24471515
- MLS #24471515
- Acres0.1526
- Cost995000
- Sewer InformationOther
- Square Feet2836
- Year Built1923
- Bedrooms8
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Peter James (#CLW-C138168)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
