Listing provided courtesy of Peter James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-02-01 09:10:37.000000. Listing information © 2024 CRMLS.

Asking Price: $995,000

9916 Beach, Los Angeles CA 90002

Community: ​C37 - Metropolitan South

Status: Active

​
​
This property was built in 1923 and is priced at $995,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 373706031
  • Type:
  • Year Built: 1923
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600