$10,000 Closing Credit¹
Walter Castillo, Listing Office: Coldwell Banker Realty
#24471515·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Peter James·
Listing Office Phone: 310-425-9838
$10,000
closing credit¹
9916 Beach St Los Angeles, CA 90002
$995,000 List price
$10,000
Closing credit¹
8 beds
6 baths
2,836 sqft
0.2 acres
$351 / sqft
House
Property details
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.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size2,836 sqft
Lot size0.1526 Acres
Year built1923
ParkingCarport
MLS #24471515
Summary
- MLS Number: 24471515
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 425-9838
- Listing Agent: Peter James
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: 1/20/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$995,000
9916 Beach St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 02, 1988 | Home Sold | $185,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $683,565 | $9,418 |
| 2020 | $676,260 | $9,158 |
| 2019 | $663,000 | $8,996 |
| 2018 | $650,000 | $4,717 |
| 2017 | $299,107 | $4,717 |
History based on county public records data.
Nearby schools
2
Florence Griffith Joyner Elementary
Public District KG-5
0.3 mi
•1963 E 103rd St
5
Compton Avenue Elementary STEAM Academy
Public District KG-5
0.4 mi
•1515 E 104th St
3
96th Street STEAM Academy
Public District KG-6
0.5 mi
•1471 E 96th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,200. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
34%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
31%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Backup offers
$8,494 Closing Credit¹
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Frequently asked questions
About 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 December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.
From Rocket Homes Real Estate and based on county public records data.