25
See all 25 photos
$850,000
Est. payment /mo
5 Beds
7,150 Sqft Lot
New
9623 Bandera Los Angeles, CA 90002
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26011671
Bedrooms 5
Lot Size 7,150 Sqft
Property Sub-Type Res Income 2-4 Units
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. Ideal for both investors and owner occupants seeking a move-in-ready duplex with dependable income, stability, and upside potential in a prime Los Angeles location.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From the 105 Fwy, exit Central Ave and head south. Turn left on 95th St, right on Bandera St. Property will be on the right.
Interior
Heating Radiant
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6048034033
Acceptable Financing Cash, FHA, VA
Listing Terms Cash, FHA, VA
Listed by Herbert Diaz PLF Real Estate Solutions
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