Los Angeles, CA 90002 8806 Beach Street
$624,500
Pending
4 more
Presented By: Christopher Van Vuuren with Lyon Stahl Investment Real Estate, Inc.; 714-655-0098
Beds • 3
Baths • 3
SQFT • 1,404
Year Built • 1924
Home Details
8806 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 8804 Beach St is also for sale, and both properties to be purchased together.
Presented By: Christopher Van Vuuren with Lyon Stahl Investment Real Estate, Inc.; 714-655-0098
Interior Features for 8806 Beach Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 8806 Beach Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CountyLos Angeles
DirectionsS on Graham E on E 88th
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationwalk up
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income61824.0
HOANo
Home Warranty Y/NNo
Insurance Expense1755.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet4249.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income46905.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6.0
Operating Expense14919.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot3
Taxes$9,331
Trash Expense0.0
Water Sewer Expense1163.0
Year Built1924
Year Built SourceAssessor
ZoningLCR2YY
Exterior for 8806 Beach Street
Building Area Total1404.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0975
Lot Size Area4249.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
