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9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
9916 Beach Street, Los Angeles CA 90002
California>Los Angeles>Watts

9916 Beach StreetLos Angeles, CA 90002

For Sale

$995,000

Smart Buyer Rebate $9,950

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.

Listed by Peter James

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License #01748556

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Lyon Stahl Investment Real Estate, Inc.

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13104677581

Listed by William James

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License #01734419

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Lyon Stahl Investment Real Estate, Inc.

Last updated December 19, 2024

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Source: CRMLS #24471515

Listing Facts

  • TypeMulti-family
  • NeighborhoodWatts
  • Bedrooms8
  • Days on Prevu273
  • Size2,836 sqft
  • Price per sqft$351

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/11/2024
Listed by Lyon Stahl Investment Real Estate, Inc.
$995,000

Property Details for 9916 Beach Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 6
  • Roof: Rolled/Hot Mop
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Construction Materials: Stucco

Measurements

  • Building Area Total: 2,836
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,648
  • Lot Size Square Feet: 6,648
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.75
  • Gross Income: $104,404.00

Taxes

  • Parcel Number: 6048030004

Interior

Features

  • Appliances: Oven

Measurements

  • Living Area: 2,836
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Other

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.