9228 Bandera St, Los Angeles, CA 90002

9228 Bandera St, Los Angeles, CA 90002

Los Angeles, CA
$1,000,000

Property Description

Lyon Stahl is pleased to present an opportunity to acquire a 4,343 4 Sq Ft 7-unit building situated on a 8,926 Sq Ft lot located in the city of Los Angeles, CA. The subject property is located at 9228 Bandera St, Los Angeles, 90002. The property is composed of (6) 2 Bedroom / 1 Bath units & (1) 3 Bedroom / 1 Bath units built in 1961. This property has 2 buildings. The front building is 1 story and contains 3+1 house, and the back building is 2 stories containing (6) 2+1 units. The property is separately metered for gas and electricity. There are 10 parking spots available in the driveway, alongside 2 parking spaces in between the two buildings. The subject property is located on the east side of Compton Ave. The offering is conveniently located less than 2 miles from the 110 freeway and approx. 1.5 miles from the 105 freeway.

Property Features

  • Sale Price: $1,000,000
  • Area Size: 4,343 Sq. Ft.
  • Land Area: 8,926 Sq. Ft.
  • Year Built: 1961
  • Listing Date: 2/13/2023
  • Closing Date: 4/14/2023
  • Units: 7
  • Current GRM: 15.28
  • Current Cap Rate: 3.49%
  • Price Per Unit: $171,429
  • Market GRM: 7.41
  • Market Cap Rate: 10.10%
  • Current NOI: $41,909

Lyon Stahl Investment Real Estate

Keep In Touch