Available

9916 Beach St

Los Angeles, CA 90002
$995,000
9916 Beach St, Los Angeles, CA 90002 — building exterior
6
Units
$165,833
Price / Unit
$351
Price / SF
2,836
Building SF

About the Property

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 proeprty is fully occupied and offers additional upside with the creation of additional units per SB 1211.

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Location

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