Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49221584
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1924
- Building Area Total: 2,808
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1951
- Lot Size Source: Other
- Lot Size Square Feet: 8500
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Listing Information
Listing Price Information
- Original List Price: 1,249,000
- Listing Contract Date: 2025-04-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6044014002
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Trash Collection
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: C37 - Metropolitan South
- Directions: S on Graham E on E 88th
- Source Property Type: Residential Income
- Area: C37 - Metropolitan South
- Property SubType: Apartment
Building and Construction
- Property Age: 101
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: walk up
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/10/2025 @ 14:03
- MLS: SB25072920
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,808 sqft, 8,500 sized lot, and 0 parking. are nearby neighborhoods.