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Listed by Herbert Diaz • PLF Real Estate Solutions
$ 850,000
Est. payment /mo
Active
9623 Bandera Los Angeles, CA 90002
2,208 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $384
MLS Listing ID CRDW26011671
HOA Y/N No
Year Built 1922
Lot Size 7,150 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Strong income-producing duplex in Los Angeles with actual performance metrics of a 6.9 percent cap rate and an 11.8 GRM. This updated, well-maintained property delivers real current returns, making it an excellent opportunity for investors seeking reliable cash flow today rather than projected returns. One unit is occupied by a long-term tenant with a documented history of on-time payments, providing stability and proven performance. The second unit is currently on a one-year RSO lease, giving any investor added confidence that returns are already in place and highly reliable from day one. The property features two separate units with recent upgrades throughout, including brand new windows, new flooring, fresh interior paint, updated tile, kitchen sinks, and modern finishes. The front unit includes a newly remodeled bathroom and updated appliances, while the back unit features a new water heater. Additional improvements include a reinforced foundation, adding long-term structural value and durability. Each unit offers separate laundry, and the property includes a long driveway with ample parking and a private backyard, a rare feature in Los Angeles. Conveniently located near freeways, shopping, and local amenities, this duplex benefits from strong rental demand and tenant appeal.
Location
State CA
County Los Angeles
Interior
Heating Radiant
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Other

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