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9009 Beach Street

Los Angeles, CA 90002
  • $974,900
  • STATUS: ACTIVE
  • ON SITE: 27 Days
  • ID#: DW24057224
$974,900
  • 7
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in todays market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood. New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in todays market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/148803212
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9009 Beach Street Los Angeles, CA 90002

  • Price: $974,900
  • Status: ACTIVE
  • On Site: 27 Days
  • ID#: DW24057224
7
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Los Angeles (90002)
County:
Los Angeles
Area:
Los Angeles (90002)
Property Description
New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in todays market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood. New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in todays market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling Central Forced Air Total Baths Unit1 4 Total Baths Unit2 1

Property Features

Actual Cap Rate 6.0 Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.0 Gross Scheduled Income Actual 0 Terms ConventionalExchangeFHA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Zoning Builder

San Diego MLS logo Listing provided courtesy of Daniel Terrazas of VIP Real Estate Firm: 310-730-9489. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92110