8804 Beach Street #1/2, Los Angeles, CA 90002 - Berkshire Hathaway HomeServices California Properties

8804 Beach Street #1/2, Los Angeles, CA 90002

$1,249,000 Approx. USD 0 beds, 0 baths

New Listing

Listing Agent


Christopher Van Vuuren | Chris@lyonstahl.com
Lic#: 02060007
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SB25072920
Price: $1,249,000
Beds: 0
Baths: 0
Built in 1924
1 story
0.20 acres
Lot size: 0.1951
County: Los Angeles
MLS area: C37 - Metropolitan South

Last Updated: 4/3/2025

 Days On Market (DOM): 10

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.956782, -118.241568.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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