8
See all 8 photos
$624,500
Est. payment /mo
3 Beds
3 Baths
4,251 Sqft Lot
Price Dropped by $15K
8804 Beach Street Los Angeles, CA 90002
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25058661
Bedrooms 3
HOA Y/N No
Lot Size 4,251 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
8804 Beach St presents a prime investment opportunity in a strong rental market. This charming triplex consists of three bungalow-style 1-bedroom, 1-bath units, each featuring a private patio. The property has undergone recent capital improvements, including new roofs, fresh exterior paint, and upgraded electrical panels, reducing maintenance costs for the next owner. Each unit is separately metered for gas and electricity and each unit has an individual water heater, keeping landlord expenses minimal. Additionally, the property offers six uncovered parking spaces and the potential to add up to three detached ADUs under SB 1211, creating significant value-add upside. *****The adjacent triplex at 8806 Beach St is also for sale, and both properties to be purchased together.
8804 Beach St presents a prime investment opportunity in a strong rental market. This charming triplex consists of three bungalow-style 1-bedroom, 1-bath units, each featuring a private patio. The property has undergone recent capital improvements, including new roofs, fresh exterior paint, and upgraded electrical panels, reducing maintenance costs for the next owner. Each unit is separately metered for gas and electricity and each unit has an individual water heater, keeping landlord expenses minimal. Additionally, the property offers six uncovered parking spaces and the potential to add up to three detached ADUs under SB 1211, creating significant value-add upside. *****The adjacent triplex at 8806 Beach St is also for sale, and both properties to be purchased together.
8804 Beach St presents a prime investment opportunity in a strong rental market. This charming triplex consists of three bungalow-style 1-bedroom, 1-bath units, each featuring a private patio. The property has undergone recent capital improvements, including new roofs, fresh exterior paint, and upgraded electrical panels, reducing maintenance costs for the next owner. Each unit is separately metered for gas and electricity and each unit has an individual water heater, keeping landlord expenses minimal. Additionally, the property offers six uncovered parking spaces and the potential to add up to three detached ADUs under SB 1211, creating significant value-add upside. *****The adjacent triplex at 8806 Beach St is also for sale, and both properties to be purchased together.
Location
State CA
County Los Angeles
Area Los Angeles (90002)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $144
Acceptable Financing Cash
Space Rent $1,600
Listing Terms Cash
Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.