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9916 Beach St, Los Angeles, CA, 90002

$995,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Baths
2,836 SqFt
$351/SqFt
House

Location

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9916 Beach St, Los Angeles$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1923
HeatingWall Furnace
CoolingNone
MLS #24471515
Lot Size0.15 Acres
StatusActive

About 9916 Beach St

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

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 2,836 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Peter James

Interior Features

Interior Information:

  • Appliances: Oven

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North of Century, east of Graham

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $351/SqFt

Tax Information:

  • Annual Amount: $9,418
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

9916 Beach St vs Los Angeles

6 DAYS ON ROCKET

-32 Days

$995,000

-$26.5K Less

$351/SqFt

-$289 Less

KEY TAKEAWAY

This property is $26.5K less than the Median Sold Price and $289/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24471515

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Peter James

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 1988Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,418$683,565
2020$9,158$676,260
2019$8,996$663,000
2018$4,717$650,000
2017$4,717$299,107

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4267787
2
/10

  • Florence Griffith Joyner Elementary

  • 1963 E 103rd St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-4267788
5
/10

  • Compton Avenue Elementary STEAM Academy

  • 1515 E 104th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-4267789
3
/10

  • 96th Street STEAM Academy

  • 1471 E 96th St

  • 0.47 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,200. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9916 Beach St

What is the listing price of this property?

The listing price of 9916 Beach St property is $995,000.

What type of property is this?

The property 9916 Beach St is a house located in Los Angeles, California, 90002.

Is this property for sale now?

Active Listing: 9916 Beach St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,418 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 1988 for $185,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9916 Beach St has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 9916 Beach St is 2,836 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9916 Beach St is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90002›9916 Beach St

This home is located at 9916 Beach St in Los Angeles, CA and zip code 90002 in the South LA neighborhood. This 2,836 square foot home, which was built in 1923, sits on a 0.15 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $995,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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