9009 Beach Street

Los Angeles, CA 90002

$974,900
Price
7
Beds
5
Baths
2,486 Sq. Ft.
$392 / Sq. Ft.
2,486
Sq. Ft.
$392
per Sq. Ft.

Description

New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM....New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
  1. Listed by Daniel Terrazas • DRE #02019893 • Brokerage DRE #02033877 • VIP Real Estate Firm • 310-730-9489

Property Details for 9009 Beach Street

Architectural Style
Traditional
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
2486

Location

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893
Add your commute
LISTING UPDATED: 04/02/2024 03:16 AM

Property Details for 9009 Beach Street

StatusActive
MLS #DW24057224
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.08 AC / 3,375 SF
CountyLos Angeles County

Location

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893
Add your commute

Building Information for 9009 Beach Street

Stories2Residences-Year Built2024Building Size-Lot Size0.08 AC / 3,375 SF

Payment Calculator

$5,618 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,320

Property Taxes

$298

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9009 Beach Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Multiplier: 12.0
  • Cap Rate: 6.0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 59
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Roof: Shingle
  • Entry Location: front
  • Fence: Yes
  • Fence: Wood, Wrought Iron
  • Fencing: Wood, Wrought Iron
  • Foundation Details: Slab
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 9009 Beach Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9009 Beach Street

Taxable ValueLand$173,273Additions$84,029Total$257,302
Tax Record2022$3,576 ($298 / month)
Home Facts
Beds2Total Finished SqFt1,060 SqFtAbove Grade Finished SqFt1,060 SqFtLot Size10,111 SqFtStyleSingle Family ResidenceYear Built1912ZoningLCR2*CountyLOS ANGELESAPN6044-012-025

Schools near 9009 Beach Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Judith F. Baca Arts Academy
PublicK to 6

Charles Drew Middle School
Public7 to 8

Jordan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9009 Beach Street is a multi-family home for sale in Los Angeles, CA 90002. This property was listed for sale on March 21, 2024 by VIP Real Estate Firm, it's currently listed at $974,900. It has been on the market for a total of 38 days and was last sold on May 12, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Judith F. Baca Arts Academy, Charles Drew Middle School and Jordan High School. 9009 Beach Street is a 7-bed, 5-bath, 2,486 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VIP Real Estate Firm, Daniel Terrazas, DRE #02019893

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.