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8804 Beach Street #1/2
USD 1,249,000
Property ID: SB25072920
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8804 Beach Street #1/2 ,90002
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icon 8500 SqFt
icon Built in 1924
icon USD 147/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2808
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1924
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Detailed Introduction Of This Home
8804-8806 Beach St presents a rare opportunity to acquire two adjacent parcels in a high-demand rental market in Los Angeles. Each parcel consists of three charming bungalow-style units, totaling six units, all featuring 1-bedroom, 1-bath layouts with private patios. Additionally, there is significant upside potential through the development of up to 3 detached ADUs on each parcel, using SB 1211. Separate parcels provides an opportunity for either residential or commercial financing. Recent capital improvements include fresh exterior paint, new roofs, and upgraded electrical panels, ensuring a well-maintained asset with reduced maintenance costs. Each unit is separately metered for gas and electricity and has an individual water heater, minimizing landlord expenses and enhancing operational efficiency. Additionally, each parcel provides six uncovered parking spaces, further increasing its appeal and potential for future value creation. Located in a strong rental corridor with high occupancy rates, this asset benefits from the continued demand for affordable housing in Los Angeles. The opportunity to add ADUs aligns with California’s ongoing push for housing expansion, allowing an investor to significantly increase rental income while maximizing the full potential of the site.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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8804 Beach Street #1/2
USD 1,249,000 0 Beds
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