9916 Beach Street, Los Angeles, CA 90002
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- MLS#: 24471515 ( )
- Street Address: 9916 Beach Street
- Viewed: 1
- Price: $995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1923
- Bldg sqft: 0
- Days On Market: 126
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90002
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Peter Peter
- DMCA Notice
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DescriptionPart 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 Location and Similar Properties
Features
Appliances
- Oven
Building Area Total
- 2836.00
Construction Materials
- Stucco
Cooling
- None
Country
- US
Heating
- Wall Furnace
Laundry Features
- None
Levels
- One
Lot Features
- Rectangular Lot
Netoperatingincome
- 67178.00
Parcel Number
- 6048030004
Parking Features
- Carport
Pool Features
- None
Postalcodeplus4
- 3021
Roof
- Rolled/Hot Mop
Security Features
- Gated Community
Sewer
- Other
Sourcesystemkey
- 24-471515:CLAW
Spa Features
- None
Tenant Pays
- Gas
- Electricity
Totalexpenses
- 32006.00
Year Built
- 1923
Zoning
- LAR1
